On February 7, 2021, Flathead Corp. had a balance of $315,000 in its Common Shares account and the total number of shares issued was 25,000. On February 8, 2021, Flathead paid $10,000 to reacquire 1,000 shares. On December 22, 2021, the company paid $28,000 to reacquire 2,000 shares.

(a) Determine the average per share amount on February 7 and December 22, 2021.

(b) Record the two transactions in which Flathead reacquired its shares.