previous answer you can base on it: (but in the current question we have different values)

Question 4 TOYCO Corporation has an unlimited number of common shares authorized and 110,000 common shares issued. At December 31, 2017, TOYCO had a balance in the Common Shares account of $253,000. On January 1, 2018 TOYCO reacquired and retired 10,900 common shares at a price of $2.05 cash per share. Prepare the journal entry for the reacquisition of shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry Required" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 Prepare the journal entry for the reacquisition of shares assuming instead a price of $2.55 was paid and a balance of $1,700 in the Contributed Surplus account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry Required" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 Question 4 OAK Corporation has an unlimited number of common shares authorized and 90,000 common shares issued. At December 31, 2017, OAK had a balance in the Common Shares account of $198,000. On January 1, 2018 OAK reacquired and retired 9,300 common shares at a price of $1.95 cash per share. Your answer is correct. Prepare the journal entry for the reacquisition of shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry Required" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 Common Shares 20,460 Contributed Surplus 2,325 Cash 18,135 Your answer is partially correct. Try again. Prepare the journal entry for the reacquisition of shares assuming instead a price of $2.45 was paid and a balance of $1,300 in the Contributed Surplus account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry Required" for the account titles and enter o for the amounts. Date Account Titles and Explanation Debit Credit Jan. 1 Common Shares 20,460 Contributed Surplus 134 Retained Earnings 2,191 Cash 22,785