Format for answer:

please answer as soon as possible, please show work, I will upvote thanks

Penticton Ltd. was incorporated on January 3.2020 and on thot dote issued 35,000 common shares for cash at $2.5 eoch On March 31, Ponticton issued 2,000 prelerred. 35 cumulotive preferred shares, convertble to common shores ot the rote of 4 common shares for one preferred share. The preferred shares were lasued for $13 ooch. On september 18,800 of the proferred shares were converted to common shares. On that dote, the market value was $3.00 for the common thares and 312.50 for the prelerred shares. On Dacomber 20,15,000 common sharet wore reacquired for 32.75 ooch. instructions a) Socimalize the eharo vansactiont described. b) Calculate the number of issued sharos and average por share amount of eoch class romaling ot the end of the yoar. (preforred 8 common) *OSHOWYOUR WOPK FOR PARTIAL MARKSHE* Part A