3. St. James Limited is considering a bonus issue of one new share for every five shares held, and wants to ascertain the impact of the bonus issue on the overall entity. Currently, the entity has 100 million ordinary shares outstanding. Each share has a market value of \$20/share. The entity's equity structure is as follows: Required: a. Prepare the relevant journal entry for the bonus issue. b. Reconstruct the equity structure after the bonus issue. c. Assuming the entity made a rights issue instead of the bonus issue at a discounted price of 90% of market value, prepare the relevant journal entry. d. On the basis of the rights issue above, reconstruct the entity's equity structure