2. Dhofar Oil Company has a year end of 31 December. The company has in issue fully paid up 500,000 Ordinary shares of OMR 1 each. On 1 July 2019, the directors declared an interim dividend of 4% on its ordinary shares which were paid on 8th July 2019. On 31 December 2019, the directors proposed a final dividend of OMR 0.150 each share which was approved on 5th Feb 2020 and paid by 12th Feb 2020. You are required to pass necessary journal entries and comment on how such items will effects the items of Income statement and Balance sheet for the year 2019 and 2020