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2l Kit Kate Services Corporation began 2020 with the following account balances: Common shares, 150,000 shares authorized, 100,000 outstanding $2,175,000 Contributed surplus - share repurchase 10,000 Retained earnings 750,000 In January 2020, Kit Kate Services Corporation reported the following transactions: Jan. 10 Reacquired 5,000 of its own shares for $25 per share. 20 Sold 3,000 of the reacquired shares for $28 per share. 30 Reacquired 2,000 of its own shares for $20.75 per share. Instructions: Record journal entries for the above transactions (no explanations required] (3 Marks]. Calculate the ending balance in the oommon share account on January 31, 2020 (2 Marks}