4 of 4 < Current Attempt in Progress Your answer is partially correct. Kanish Corporation's general ledger includes the following account balances: Contributed Surplus $9,000 Common Shares $280,000 Retained Earnings $86,000 5.95/10 The Contributed Surplus account arose from net excess of proceeds over cost on a previous cancellation of common shares. The average cost of the common shares bought and cancelled in the first two transactions is $35 per share. Assuming that the above balances existed before any of the transactions that follow, record the journal entries for each transaction. (a) Bought and cancelled 450 shares at $36 per share. (b) Bought and cancelled 270 shares at $45 per share. (c) Sold 3,800 shares at $40 per share. (d) Sold 1,500 shares at $45 per share. (e) Bought and cancelled 1,200 shares at $53 per share. (Round average per share cost to 3 decimal places, e.g. $40.355. Round answers to O decimal places, e.g. 5,275. 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 O for the an Start No. Account Titles and Explanation (a) Common Shares (b) Contributed Surplus Cash Common Shares cash Contributed Surplus (c) Cash Common Shares (d) Cash Common Shares (e) Common Shares Cash Contributed Surplus Debit 16200 450 12150 152000 67500 63600 Credit 15750 9450 2700 152000 67500 42000 21600