Share capital:

Preferred shares, $29,000$ issued and outstanding

$$841,000$

Class A common shares, $1,430,000$ issued and outstanding

$5,720,000$

Class B common shares, $37,000$ issued and outstanding

$777,000$

Retained earnings

$8,400,000$

Total shareholders' equity

$$15,738,000$

On February $16,2024,$ Crane reacquired and cancelled $5,300$ Class A common shares at a cost of $$3\mathrm{.}60$ per share. On April $10,$ Crane

issued $7,400$ Class A common shares for $$6\mathrm{.}10$ each. On May $31,$ the company reacquired and cancelled another $2,900$ Class A

common shares at $$5\mathrm{.}00$ per share.

Prepare the journal entries required to record these transactions. $($Round per share calculations to $2$ decimal places, es$.12\mathrm{.}25$ and final

answers to $0$ decimal places, e$.$g$.5,725.$ List all debit entries before credit entries. Credit account titles are automaticaly indentad wihen the

amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Record

journal entries in the order presented in the problem.$)$

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