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On May 1, Uli Corporation incorporated and authorized 182.000 preferred shares and an unlimited number of common shares. On May 2. Uii issued 2,000 common

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On May 1, Uli Corporation incorporated and authorized 182.000 preferred shares and an unlimited number of common shares. On May 2. Uii issued 2,000 common shares for $16 per share. On June 15 , it issued an additional 1,100 common shares for $18 per share. On November 1, Uli issued 190 preferred shares for $29 per share: On December 15 , it issued an additional 190 preferred shares for $37 per share. Aecord the share transactions. \&List all debit entries before credit entries. Credit occount titles are outomatically indented when thet amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account fities and enter Ofor the amounts. Indicate how many shares are authorized and how many are issued at the end of the year for the (1) preferred shares and (2) commonshares

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