On May 1, Ceradyne Corporation incorporated and authorized 180,000 preferred shares and an unlimited number of common shares. On May 2, Ceradyne issued 2,200 common shares for $15 per share. On June 15 , it issued an additional 1,100 common shares for $16 per share. On November 1, Ceradyne issued 190 preferred shares for $29 per share. On December 15 , it issued an additional 190 preferred shares for $35 per share. Indicate how many shares are authorized and how many are issued at the end of the year for the (1) preferred shares and (2) common shares