use format provided and show work. use average cost when needed

Monty Ltd, was incorporated on January 1, 2022. During the year the company entered into the following transactions: Jan 5 Issued 60,000 common shares for $2.50 per share. Jan 20 Issued 2.500 common shares to settle legal expenses. The value of the legal expenses was $9,375. Feb 10 Issued 11,000 preferred shares for $50.00 per share. Aug 12 Repurchased 15,000 common shares for $2.40 per share. Oct 1 Issued 4,900 common shares for $2.25 per share. Dec 31 Repurchased 37,500 commonshares for $2.65 per share. Record the above transactions. (Credit occount titles are automotically indented when the amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. List all debit entries before credit entries. Round per share to 2 decimal places, 48.5.75 and final answers to 0 decimal places, e.g. 5,275.) Cash 11025 Common Shares Dec15 a Common Shares Contributed Surplus Retained Earnings Cash \begin{tabular}{|r|} \hline 2250 \\ \hline \end{tabular} 11025