Fill in the gap at 20 common shares? retained earnings?

Bellevue Corporation, a publicly traded company, was organized on January 1, 2021. It is authorized to issue an unlimited number of $3 noncumulative preferred shares and an unlimited number of common shares. The following share transactions were completed during the company's first year of operations: Jan. 10 Issued 1.070,000 common shares for $2 per share. Mar. 1 Issued 22,000 preferred shares for $50 per share. May 1 June 1 Issued 267,500 common shares for $3 per share. hge Repurchased and retired 10,000 common shares at $2 per share. Determine the average cost of each repurchased share to the nearest cent before recording this transaction. July 24 Issued 30,200 common shares for $111.000 cash and used equipment. The equipment would have cost $29,000 if Remmers had purchased it new and a recent appraisal determined that the equipment had a fair value of $15,600. The common shares were trading for $4 per share on this date. Sept. 4 Issued 10,000 common shares for $5 per share. Nov. 1 Issued 4,300 preferred shares for $50 per share. 20 Repurchased and retired 15,000 common shares at $4 per share. Determine the average cost of each repurchased share to the nearest cent before recording this transaction. Dec. 14 Declared a $75,000 cash dividend to the preferred shareholders, to shareholders of record on December 31, payable on January 10. 31 Reported net income of $1.41 million for the year. 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 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 for the amounts. Round average cost per share to 2 decimal palces, e.g. 2.25 and final answers to 0 decimal places.) Transaction entries: ate Account Titles and Explanation Debit Credit ). 10 Cash 2140000 Common Shares 2140000 ir. 1 Cash 1100000 Preferred Shares 1100000 1y 1 Cash 802500 Common Shares 802500 ne 1 Common Shares 22000 Contributed Surplus 2000 Cash 20000 24 Cash 111.000 Equipment 15,600 Common Shares 126600 ne 1 Common Shares 22000 Contributed Surplus 2000 Cash 20000 24 Cash 111,000 Equipment 15,600 Common Shares 126600 ot. 4 Cash 50000 Common Shares 50000 V.1 Cash 215000 Preferred Shares 215000 20 V Common Shares Retained Earnings Contributed Surplus 2000 Cash 60000 C 14 Dividends Declared 75,000 Dividends Payable 75,000