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O Inc.s shareholders equity section at December 31, 20x8 was as follows: Common shares, 62876 shares outstanding $880764 Contributed Surplus reacquisition of common shares 43975
O Inc.s shareholders equity section at December 31, 20x8 was as follows:
| Common shares, 62876 shares outstanding | $880764 |
| Contributed Surplus reacquisition of common shares | 43975 |
| Retained Earnings | 812517 |
The following transactions took place during the year, 20x9: | ||
| Jan 30 | Issued 7157 common shares for $105253 cash |
| July 15 | Retired 9305 common shares for $155000 cash |
What is the balance in the Common Shares account at December 31, 20x9?
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