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Draco Ltd. has one class of shares. The company issued 5000 shares on January 1, 20x1, at a price of 4.49 each. On December 15,

Draco Ltd. has one class of shares. The company issued 5000 shares on January 1, 20x1, at a price of 4.49 each. On December 15, 20x1, the company issued an additional 10,000 shares at a price of 5.96 per share. On March 31, 20x2, the company issued another 10,000 shares at a price of 8.11 per share. Milos Columbo purchased 606 shares from the first share offering, and another 880 shares from the latest issue. What is the total ACB of all his shares equal to? (Round to whole dollars.) Answer:Question 4 9640 Feedback ACB relates to his cost only. The correct answer is: 9858

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