1: KLM company has 20,000 authorized ordinary shares, $3 par value. In its first year in business, KLM have issued 5000 shares at $5, and 2000 shares issued at $7. what is the net balance of Share Premium-Ordinary after the second share issuance? Q2: XYZ company has the following accounts in their equity on 1/1/2021: Share Capital- Ordinary $1 par, 500000 authorized, 350000 issued and 350,000 320000 outstanding. Share Premium- Ordinary Share premium Treasury Retained Earnings Treasury shares (30,000 share) 1,225,000 40,000 650,000 150,000 A) Suppose that the 350,000 shares issued were issued at one time, what was the issuance price per share? B) Suppose that during 2021, the company sold 20,000 treasury shares at $2 per share. What is the net balance of retained earnings after this transaction