Ayayai Company had the following Shareholders' Equity section as of February 1, 2021: Share capital: $961,000 6,040,000 Preferred shares, 31,000 issued and outstanding Class A common shares, 1,510,000 issued and outstanding Class B common shares, 42,000 issued and outstanding Retained earnings Total shareholders' equity 840,000 8,400,000 $16,241,000 On February 16,2021. Ayayai reacquired and cancelled 4.800 Class A common shares at a cost of $3.50 per share. On April 10, Ayayai issued 8,400 Class A common shares for $5.90 each. On May 31, the company reacquired and cancelled another 2,900 Class A common shares at $5.00 per share. Prepare the journal entries required to record these transactions. (Round per share calculations to 2 decimal places, es 12.25 and final answers to decimal places, eg, 5.725. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) May 31