Current Attempt in Progress On June 8, Ridgewood Ltd. was incorporated and issued 24,000 common shares for $240,000. On August 19, an additional 6,300 shares were issued for $75,600. On November 2, the company paid $23,040 to repurchase 2,400 common shares and on December 7 it paid $41,600 to repurchase 3,200 common shares. (a) Calculate the average cost of the common shares on June 8, August 19, November 2, and December 7. (Round answers to 2 decimal places, eg. 15.25.) Average Cost June 8 $ 10 Aug. 19 $ 12 Nov. 2 $ Dec. 7 $ TA Apps using your microphone: Microsoft Teams