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O Inc.s shareholders equity section at December 31, 20x8 was as follows: ...

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Accounting

O Inc.s shareholders equity section at December 31, 20x8 was as follows:

Common shares, 63117 shares outstanding

$891251

Retained Earnings

817925

The following transactions took place during the year, 20x9:

Jan 30

Issued 8112 common shares for $110694 cash

July 15

Retired 9520 common shares for $155000 cash

What is the balance in the Common Shares account at December 31, 20x9?

Select one:

a. $1135858

b. $846945

c. $1001945

d. $868032

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