Walla Walla Ltd. was incorporated as a private company on January 2, 2018, and is authorized to issue an unlimited number of common shares and $1 preferred shares. The company had the following share transactions in its first month of operations: 6 Issued 189,000 common shares for $1.60 per share. Jan. Issued 45,000 common shares for $1.67 per share. 12 Issued 9,000 preferred shares for $27.00 per share. Issued 538,000 common shares for $2.00 per share. 17 18 24 Reacquired 200,000 common shares at $1.90 per share. 31 Issued 10,900 common shares in exchange for $16,350 of legal services Part 1 Record the above transactions. (Round average cost per share to 3 decimal places, e.g. 1.246. Credit account titles are automatically indented when 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) Account Titles and Explanation Date Debit Credit Jan. 6 Cash 302400 Common Shares 302400 Jan. 12: Cash 75150 Common Shares 75150 Jan. 17 Cash 243000 243000 Preferred Shares Jan. 18 1076000 Cash 1076000 Common Shares Common Shares Jan. 24 Retained Earnings 380000 Cash 16.350 Professional Fees Expense Jan. 31 16,350 Common Shares Part 2 What is the number and average cost of the preferred and common shares at the end of January? (Round answers to 3 decimal places, eg. 1.246) Average Cost Numbers Preferred shares S Common shares