Pit of Despear Ltd. (fondly known as PIT) had the following in its equity section as at January 1, 2021 Preferred shares, S2 cumulative dividend, 30,000 shares issued and outstanding. These shares had a value of $300,000 in the Company's accounts Common shares, 50,000 Ksued and outstanding these shares have a value of 5750,000 in the Company's accounts Contributed surplus of $25,000 from the previous repurchase and cancellation of common shares Contributed surplus of $55,000 from repurchase and cancellation of Preferred shares Class A Transactions during the year are as follows: On February 19, 2021, Pit issued (sold) 5.000 common shares and 10.000 preferred shares for 5150,000. The common shares were trading at $12 per share at this time. Enter the amount allocated to preferred shares for this share issuance? Enter a positive number if the amount is a debit. Enter a negative number if the amount is a credit fie. 10,000). Do not ute S signs in your final answer Do not round intermediary answers, Round your final answer to the nearest dollar preferred shares - . on August 14, 2021 Pit repurchased and cancelled 12,000 common shares at 20 per share. Enter the amount allocated to contributed Surplus.common share repurchase for this transaction? Enter a positive number if the amount is a debit. Enter a negative number if the amount is o credit pe 10.000) Do not uses sipas in your final answer. Do not round Intermediary answers Round your final answer to the nearest dollar contributed surplus common share repurchases