On June 8, Pukalani 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) Your answer is partially correct. 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.) June 8 Average Cost 10 Aug. 19 $ 10.4 Nov. 2 $ 10.14 Dec. 7 10.47