Our employees are eligible to purchase our common stock through payroll deductions of up to 15% of their eligible compensation, subject to any plan limitations. The purchase price would be 85% of the lower of the fair market value on the first and last trading days of each six-month offering period. During the years ended December 31, 2017, 2016, and 2015, we issued 221,471, 164,500 and 221,471 shares under the ESPP for $38.4 million, $29.5 million and $14.7 million, respectively. There were 3,624,749 shares available for issuance under the ESPP as of December 31, 2017 (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions. Be sure to include all accounts involved in the transaction, even if the rounded amount is less than $1 million.)
Answer is complete but not entirely correct.
No Date General Journal Debit Credit
1 December 31, 2017 Cashselected answer correct 38.2selected answer correct not attempted
Compensation expenseselected answer correct 0.0selected answer incorrect not attempted
Common stockselected answer correct not attempted 0.0selected answer correct
Paid-in capital—excess of parselected answer correct not attempted 43.1selected answer incorrect