WHAT IS THE AVERAGE COST OF COMMON SHARES?

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: Jan. 6 Issued 189,000 common shares for $1.60 per share. 12 Issued 45.000 common shares for $1.67 per share. 17 Issued 9,000 preferred shares for $27.00 per share. 18 Issued 538,000 common shares for $2.00 per share. 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. Att Part 2 Your answer is partially correct. 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 9000 27 1.88 Common shares 582900 eTextbook and Media List of Accounts Attempts: 2 of 3 used Save for acer