Ivanhoe Company had the following Shareholders' Equity section as of February 1, 2024: Share capital: Preferred shares, 31,000 issued and outstanding Class A common shares, 1,510,000 issued and outstanding Class B common shares, 41,000 issued and outstanding Retained earnings Total shareholders' equity $837,000 6,040,000 861,000 8,400,000 $16,138,000 On February 16, 2024, Ivanhoe reacquired and cancelled 4,900 Class A common shares at a cost of $3.40 per share. On April 10, Ivanhoe issued 8,500 Class A common shares for $6.20 each. On May 31, the company reacquired and cancelled another 3,300 Class A common shares at $5.00 per share. Prepare the journal entries required to record these transactions.