The Data Group Inc. had the following balances in its equity accounts at December 31, 2019: Common shares, unlimited shares authorized; 170,000 shares issued and outstanding Retained earnings $2,550,000 430,000 During 2020, the following equity transactions occurred: Apr. 15 Repurchased and retired 8,400 common shares at $13.40 per share. May 1 Repurchased and retired 14,000 common shares at $16.60 per share. Nov. 1 The board of directors declared a 2:1 share split effective on this date. Required: 1. Prepare journal entries to account for the transactions during 2020 (assuming the retirements were the first ever recorded by The Data Group Inc.). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Date General Journal 1 Apr. 15 Common shares Debit Credit 128,000 Cash 112,560 Contributed capital from retirement of common shares 13,440 2 May 01 Common shares 210,000 Contributed capital from retirement of common shares Retained earnings 13,440 8,960 Cash 232,400 3 Nov. 01 No journal entry required