n June 8, Canarie Ltd. was incorporated and issued 27,600 common shares for $276,000. On August 19, an additional 6,900 shares were issued for $82,800. On November 2, the company paid $26,496 to repurchase 2,760 common shares and on December 7 it paid $47,840 to repurchase 3,680 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, e.g. 15.25.)

		Average Cost
June 8		$enter a dollar amount rounded to 2 decimal places
Aug. 19		$enter a dollar amount rounded to 2 decimal places
Nov. 2		$enter a dollar amount rounded to 2 decimal places
Dec. 7		$enter a dollar amount rounded to 2 decimal places