2. Calculate the closing balance in each account in shareholders equity. (Round intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar.)

At the beginning of 201, the accounting records of Friends Corp. reported the following: During the year, the company acquired and retired shares, while other shares were issued: 15 March 24,300 common shares bought and retired at $6 per share 16 March 3,300 preferred shares bought and retired at $32.90 per share 20 May 8,300 common shares bought and retired at $1 per share 25 May 900 preferred shares bought and retired at $17.80 per share 30 May 10,200 common shares issued at $11.80 per share 15 Nov. 4,300 common shares bought and retired at $22 per share Required: 1. Give journal entries to record each share retirement transaction. (Round intermediate calculations to 2 decimal places and Round your final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)