PLEASE HELP ME CORRECT THESE ENTRIES

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 companys first year of operations:

Jan.	10		Issued 1,040,000 common shares for $2 per share.
Mar.	1		Issued 20,000 preferred shares for $50 per share.
May	1		Issued 260,000 common shares for $3 per share.
June	1		Reacquired and retired 11,000 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 33,400 common shares for $115,000 cash and used equipment. The equipment originally cost $32,000. It now has a carrying amount of $16,000 and a current value of $17,000. 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 4,300 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 $75,000 cash dividend to the preferred shareholders, to shareholders of record on December 31, payable on January 10.
	31		Reported net income of $1,190,000 for the year.

June 1 Common Shares 22440 Cash 22440 Nov. 20 Common Shares 56000 Cash 56000 Dec. 14 Cash Dividends 75000 Dividends Payable 75000 Closing entries: Date Account Titles and Explanation Debit Credit Dec. 31 Cash Dividends 75000 Dividends Declared 75000 (To close cash dividends) Dec. 31 Dividends Payable 75000 Cash 75000