Bramble Ltd had the following shareholders equity on December 31, 2021:

Common shares, 2,700,000 shares issued and outstanding		$8,100,000
Contributed surplus (Common shares)		13,000
Retained earnings		19,600,000
Total shareholders equity		$27,713,000

The following transactions occurred, in the order given, during 2022:

(a)		410 subscriptions were sold for common shares. Each subscription entitled the purchaser to purchase 20 shares in the company at a price of $7 per share. According to the subscription contracts, a payment of $30 per subscription was required at the time the subscriptions were sold.
(b)		As per the subscription contracts, the second payment was for the balance of the subscription price. All but 40 of the subscribers made this payment.
(c)		The subscription contracts specify that, in the event of default, the first payment will not be refunded to defaulting subscribers. Also at this time, common shares are issued to subscribers that have fully paid on the contract.
(d)		Bramble repurchased and cancelled 90,000 common shares at a cost of $2.30 per share.
(e)		A cash dividend of $0.30 per share was declared. The date of record was after all of the events above.

Prepare the journal entries to record the above transactions for Bramble Ltd. for 2022. (Round average share price to 2 decimal places for your calculations, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No.	Account Titles and Explanation	Debit	Credit
(a)
	(To record sale of shares on a subscription basis)
	(To record collection of down payment)
(b)
(c)
	(To record forfeit of payment from defaulting subscribers)
	(To record issuance of shares)
(d)
(e)