closing entries too

Beck Cor poration a publicly trathed cormpany, was organized on darkiary 1.2021. It hs athorised toibsie an unlimuted number of 53 . noncumalativn pceferred shares and an unlimited number of common shares. The following share transaction were complinted borims thecompary's first year of operation: 4an. 10 Issued 940.000 common shares for $2 per share. Mar, 1 iswied 19,000 preferted shares for $50 per share. May 1 lasued 235,000 coinmon shares for 53 per share. June 1 Repurchased and retired 10,000 common shares at 52 per share. Deterenitur the averape cont af eachr eaurehined Thare to the netarest cent before recording this transaction. July 24 lssued 35.100 comman shares tor $113000 cashand used equloment, The equipment woedi hive cost 527,000 if Remeners had burchbed it new and a recent appraisal iletermined that the equipment had a fair value of \$14,400 The conmon shares were tradine for $4 per share on this date Sept. A Issued 9,000 common shares for 55 per share. Nov 1 Issued 3,900 preferred share for 550 per share. 20 Repuichased and retired 13,000 common shares at 34 per share. Deiermine the mverage cost of eachrepurchased share to the nearest cent before recording this transaction. Dec: 14 Declared a 568,000 cash dividend to the preforred shareholdeis, to shareholders of tecordon December 31 , pyyble ce January 10. 31 Reparted net income of \$1.23 mallon for the vear. Record the above transactions for 2021, including any required entries to close dividends declared and net income. "List all debit entries before credit entries. Credit account titles are outomotically indented when the amount is entered: Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts: Round average cost per share fo 2 decimal palces, es. 2.25 and final answers to 0 decimal ploces. Transaction entries