Sandhill Technologies Inc. reported the following information related to its shareholders' equity on January 1: Common shares, 920,000 authorized, 460,000 shares issued Contributed surplus-reacquisition of common shares Retained earnings $1,380,000 14.160 714,000 During the year, the following transactions related to common shares occurred in the order listed: 1. Issued 40,000 shares at $4.00 per share. 2. Reacquired 11,000 shares at $3.00 per share. 3. Issued 6,000 shares at $4.73 per share. 4. 5. Reacquired 18,900 shares at $4 per share. Reacquired 74,300 shares at $3 per share.