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On June 8, Paver Ltd. was incorporated and issued 28,200 common shares for $282,000. On August 19, an additional 7,050 shares were issued for $84,600.

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On June 8, Paver Ltd. was incorporated and issued 28,200 common shares for $282,000. On August 19, an additional 7,050 shares were issued for $84,600. On November 2 , the company paid $27,072 to repurchase 2,820 common shares and on December 7 it paid $48,880 to repurchase 3,760 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, eg. 15.25.)

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