can anyone pls help me solve this question. this is for my ongoing exam.can you pls solve it within 45 minutes.Thank you so much

Vaughn Corporation has the following shareholders' equity on December 31, 2021: $570000 Shareholders' equity Share capital $10 convertible preferred shares, 10,000 shares authorized, 5000 shares issued Common shares 200,000 shares authorized, 90000 shares issued Total share capital Retained earnings Total shareholders' equity 1890000 2460000 448000 $2908000 If 9000 common shares were reacquired for $19 per share, the journal entry to record the transaction would credit Common Shares for $171000. bit Common Shares for $171000, O credit Contributed Surplus for $18000. Odebit Retained Earnings for $18000. O Type here to search e