The following shareholders' equity accounts are reported by Crane in oh january Common shares (unlimited authorized, 155,000 issued) Preferred shares ($4 cumulative, convertible, 100,000 authorized, 5,200 issued) Contributed surplus-reacquisition of common shares Retained earnings $2,170,000 390,000 30,400 1,262,000 The following selected transactions occurred during the year: Feb. 11 Issued 51,000 common shares at $19 per share. Mar. 2 Reacquired 19,700 common shares at $21 per share. June 14 Split the common shares 2 for 1 when the common shares were trading at $29 per share. July 25 Reacquired 400 preferred shares at $67 per share. Sept. 16 Reacquired 51,000 common shares for $15 per share. Oct. 27 Declared a 5% common stock dividend distributable on December 13 to shareholders of record on November 24. The fair value of the common shares on October 27 was $18 per share. Dec. 13 Distributed the stock dividend declared on October 27. The fair value of the common shares on December 13 was $19 per share. Prepare journal entries for the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. I no entry is required, select the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Round average per share to 2 decimal places, eg. 15.25 and Final decimal places, e.g. 5276.)