On December 31, 2020, Crane Treats Limited reported 39.000 common shares issued and a balance in the Common Shares account of $244.920. On April 5, 2021, it reacquired 8,000 of these shares. This is the first time Crane Treats has reacquired any of its shares Record the reacquisition of the shares assuming the company paid $44,000 to reacquire the shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round average share price to 2 decimal places es 5.27 and final answers to decimal places, es 5.275) Date Account Titles and Explanation Debit Credit April 5 To record reacquisition of common shares Record the reacquisition of the shares assuming the company paid $58,000 to reacquire the shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round average shore price to 2 decimal places, es, 5.27 and final answers to O decimal places, es 5,275) Date Account Titles and Explanation Debit Credit April 5 To record reacquisition of common shares)