The Jennings Group reacquired 4 million of its shares at $80 per share as treasury stock. Last year, for the first time, Jennings sold 3 million treasury shares at $81 per share.

By what amount will Jennings retained earnings decline if it now sells the remaining 1 million treasury shares at $74 per share? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).)

The Jennings Group reacquired 4 million of its shares at $80 per share as treasury stock. Last year, for the first time, Jennings sold 3 million treasury shares at $81 per share By what amount will Jennings' retained earnings decline if it now sells the remaining 1 million treasury shares at $74 per share? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10 Retained earnings will decline by 18 million