mih RCES Problem 14-3A BlossomTechnologies Inc. reported the following information related to its shareholders' equity on January 1: Common shares, 860,000 authorized, 430,000 shares issued $860,000 Contributed surplus-reacquisition of common shares 14,880 Retained earnings 707,000 Study During the year, the following transactions related to common shares occurred in the order listed: 1. Issued 30,000 shares at $4.30 per share. 2. Reacquired 12,000 shares at $2.00 per share. 3. Issued 4,000 shares at $4.41 per share, 4. Reacquired 19,000 shares at $4 per share. S. Reacquired 77,000 shares at $2 per share. (a) Calculate the number of shares authorized and issued at the end of the year. 860,000 Number of shares authorized Number of shares issued 356,000 (b) Determine the ending balances in each of the following accounts: Common Shares, Contributed Surplus-Reacquisition of Common Shares, and retained average issue price to two decimal places, e.g. 5.27 and final answers to decimal places a. 5.276.) Common shares Contributed Surplus-reacquisition of common shares 207.000 Retained earnings P A etv s 28