Belson Ltd. was organized on January 1, 2024, with 300,000 no par value common shares authorized. During 2024, the corporation had the following share transactions:

Jan 4 Issued 120,000 shares at $10 per share Mar 8 Issued 40,000 shares at $11 per share May 17 Purchased 15,000 shares at $12 per share and cancelled them Jul 6 Issued 30,000 shares at $13 per share Aug 27 Issued 10,000 shares at $14 per share The total amount in the common shares account at December 31, 2024 is