Sheridan Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 172,000 common shares for $1.60 per share. Jan. 12 Issued 43,000 common shares for $1.85 per share. Mar. 17 Issued 900 preferred shares for $105 per share. July 18 Issued 860,000 common shares for $2 per share. Nov. 17 Reacquired 172,000 common shares for $1.95 per share. Dec. 30 Reacquired 129,000 common shares for $1.80 per share. Date Account Titles Debit Credit