Only need help with the T accounts

Question 1 Munchies Corporation, a publicly traded company, was organized on January 1, 2018. It is authorized to issue an unlimited number of $3 noncumulative preferred shares and an unlimited number of common shares. The following share transactions were completed during the company's first year of operations: Jan. 10 Issued 940,000 common shares for $2 per share. Mar. 1 Issued 22,000 preferred shares for $50 per share. May 1 Issued 235,000 common shares for $3 per share. June 1 Reacquired and retired 10,000 common shares at $2 per share. Determine the average cost of each reacquired share to the nearest cent before recording this transaction. July 24 Issued 32,100 common shares for $119,000 cash and used equipment. The equipment originally cost $31,000. It now has a carrying amount of $15,500 and a current value of $16,400. The common shares were trading for $4 per share on this date. Sept. 4 Issued 9,000 common shares for $5 per share. Nov. 1 Issued 3,600 preferred shares for $50 per share. 20 Reacquired and retired 14,000 common shares at $4 per share. Determine the average cost of each reacquired share to the nearest cent before recording this transaction. Dec. 14 Declared a $72,000 cash dividend to the preferred shareholders, to shareholders of record on December 31, payable on January 10. 31 Reported net income of $1,320,000 for the year. v (a) Record the above transactions for 2018, including any required entries to close dividends declared and net income. (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 o for the amounts. Round average cost per share to 2 decimal palces, e.g. 2.25 and final answers to o decimal places.) Transaction entries: Date Account Titles and Explanation Debit Credit July 24 Nov. 20 Closing entries: Date Account Titles and Explanation Debit Credit Dec. 31 (To close cash dividends) Dec. 31 (To close profit) Open T accounts and post to the shareholders' equity accounts. (Record entries in the order presented in the problem.) Preferred Shares Common Shares Contributed Surplus Dividends Declared Retained Earnings