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Current Attempt in Progress On June 8, Golden Valley Ltd was incorporated and issued 57,000...

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Current Attempt in Progress On June 8, Golden Valley Ltd was incorporated and issued 57,000 common shares for $342,000. On August 19, an additional 14,250 shares were issued for $99,750. On November 2, the company paid $37,700 to reacquire 6,500 common shares and on December 7 it paid $57,000 to reacquire 7,600 common shares. (a) Your Answer Correct Answer Your answer is partially correct. Calculate the average cost of the common shares on June 8, August 19, November 2, and December 7. (Round answers to 2 decimal places, e.g. 15.25.) Average Cost June 8 $ 6.00 Aug. 19 $ 6.20 Nov. 2 $ 6.17 Dec. 7 $ 6.29

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