NOTE: NUMBERS NEED TO BE WRITTEN AS FOLLOWS 10000.00 DO NOT USE S DOLLAR SIGNS or 'COMMAS, USE TWO DECIMAL PLACE AS FOLLOWS 10.00 Vitacom Technologies Corp reports the following shareholders' equity as of December 31: Preferred shares, $5 cumulative, 200,000 shares authorized, 90,000 shares issued & outstanding Common shares, 500,000 shares authorized, 200,000 shares issued & outstanding Total contributed capital Retained earnings Total shareholders' equity i Determine the following: a) What was the average issue price per common share? b) What was the average issue price per preferred share? $5,400,000 2,750,000 8,150,000 3.400.000 $11.550.000 t c) Assume net income for the fiscal year was $825,000. Journalize the entry to close net inconse to retained earnings.