4. Shares and Dividends: 1. At December 31, 2020, Fraser Construction Inc. reported the shareholders' equity accounts shown here: Common shares, 280,000 shares issued and outstanding $460,000 Retained earnings 252.000 Total shareholders' equity $712.000 Fraser has a net income of S158,000 for 2021. Fraser has the following share-related transactions in 2021 Write "No entry" on ALL the boxes if no entry is needed on that date March 1.2021 Issuance of 80,000 common shares for $2 per share December 1, 2021 Declaration of cash dividends of $80.000 December 15, 2021 December 31, 2021 Payment of cash dividends declared Record date Joumalize Fraser's transactions (onet explorations) Date Accounts Debit Credit Mar 1 Dec 1 Dec 15 Dec 31 2 What's the balance of the retanedeamings as of December 31, 2021? 3 What's the balance of the common this as of December 31, 2017 4 A corporation has 50,000, 58 cumulative preferred shares and 800.000 numbers of common shares. On April 15, 2021, the corporation declared $1652 000 dividends Assume that dividends were not declared in 2020. What are the dividends allocated to preferred and common shareholders respectively for 20212 Preferred shareholders Conmon shareholders