can you please explain how we get the answers?

Treasury Shares............... 2,720 (c) Cash Share Premium-Treasury......... Treasury Shares........... 240 2,480 Pr. 15-164-Share dividends. The equity section of Benton Corporation's statement of financial position as of December 31, 2018 is as follows: Equity Share capital ordinary, 5 par value; authorized, 2,000,000 shares: issued, 400,000 shares 2,000,000 Share premium ordinary 850,000 Retained earnings 3,000,000 5.850.000 The following events occurred during 2019: cash 1. Jan. 5 10,000 shares of authorized and unissued ordinary shares were sold for 8 per share. Reduce pelannad domings 2. Jan. 16 Declared a cash dividend of 20 per share, payable February 15 to share-holders of record on February 5. il concewidend Royable 3. Feb. 10 20,000 shares of authorized and unissued ordinary shares were sold for 12 per share. shane capital on 4. March 1 A 30% share dividend was declared and issued. Fair value per share is currently 15. 5. April 1 A two-for-one split was carried out. The par value of the shares was to be reduced to 2.50 per share. Fair value on March 31 was 18 per share. 6. July 1 A 15% share dividend was declared and issued. Fair value is currently 10 per share. 1. Aug. 1 A cash dividend of 20 per share was declared. payable September 1 to stockholders of record on August 21. 15 - 42 Test Bank for Intermediate Accounting, IFRS Edition, 3e Pr. 15-164 (cont.) Instructions Enter the above events into the following work sheet showing how each event affects the column. Event No. 1 will serve as an example. Share Capital Ordinary No. of Total Share Premium- Item Shares Issued Par Value Ordinary Retained Earnings Beginning Balance-1/1/16 400,000 $2,000,000 $850,000 $3,000,000 Event #1-Jan. 5 10.000 50.000 30.000 Balance 410,000 $2,050,000 $880,000 $3,000,000 Event # 24 Jan. 16 (and events 3 through 7) Solution 15-164 Event #2Jan. 16 -0- -0- (82,000) Balance #3-Feb. 10 410,000 20.000 $2,050,000 100.000 $880,000 140,000 $2,918,000 -O- Balance #4-March 1 430,000 129,000 $2,150,000 645,000 $1,020,000 $2,918,000 (645,000) Balance #5April 1 559,000 $2,795,000 $1,020,000 -0- $2,273,000 559.000 -O- Balance #6July 1 $1,020,000 0 $2,273,000 (419,250) 1,118,000 167,700 1,285,700 $2,795,000 419,250 $3,214,250 Balance #7-Aug. 1 $1,020,000 -0- $1,853,750 (257,140) $1,596,610 Balance 1,285,700 $3,214,250 $1,020,000 Pr. 15-165-Equity transactions. Foley Corporation has the following capital structure at the beginning of the year: Share capital-preference 6%, $50 par value, 20,000 shares authorized, 6,000 shares issued and outstanding $ 300,000 Share capital-ordinary, $10 par value, 60,000 shares authorized, 40,000 shares issued and outstanding 400,000 Share premium ordinary 110,000 Retained earnings 440,000 Total equity $1.250.000 Treasury Shares............... 2,720 (c) Cash Share Premium-Treasury......... Treasury Shares........... 240 2,480 Pr. 15-164-Share dividends. The equity section of Benton Corporation's statement of financial position as of December 31, 2018 is as follows: Equity Share capital ordinary, 5 par value; authorized, 2,000,000 shares: issued, 400,000 shares 2,000,000 Share premium ordinary 850,000 Retained earnings 3,000,000 5.850.000 The following events occurred during 2019: cash 1. Jan. 5 10,000 shares of authorized and unissued ordinary shares were sold for 8 per share. Reduce pelannad domings 2. Jan. 16 Declared a cash dividend of 20 per share, payable February 15 to share-holders of record on February 5. il concewidend Royable 3. Feb. 10 20,000 shares of authorized and unissued ordinary shares were sold for 12 per share. shane capital on 4. March 1 A 30% share dividend was declared and issued. Fair value per share is currently 15. 5. April 1 A two-for-one split was carried out. The par value of the shares was to be reduced to 2.50 per share. Fair value on March 31 was 18 per share. 6. July 1 A 15% share dividend was declared and issued. Fair value is currently 10 per share. 1. Aug. 1 A cash dividend of 20 per share was declared. payable September 1 to stockholders of record on August 21. 15 - 42 Test Bank for Intermediate Accounting, IFRS Edition, 3e Pr. 15-164 (cont.) Instructions Enter the above events into the following work sheet showing how each event affects the column. Event No. 1 will serve as an example. Share Capital Ordinary No. of Total Share Premium- Item Shares Issued Par Value Ordinary Retained Earnings Beginning Balance-1/1/16 400,000 $2,000,000 $850,000 $3,000,000 Event #1-Jan. 5 10.000 50.000 30.000 Balance 410,000 $2,050,000 $880,000 $3,000,000 Event # 24 Jan. 16 (and events 3 through 7) Solution 15-164 Event #2Jan. 16 -0- -0- (82,000) Balance #3-Feb. 10 410,000 20.000 $2,050,000 100.000 $880,000 140,000 $2,918,000 -O- Balance #4-March 1 430,000 129,000 $2,150,000 645,000 $1,020,000 $2,918,000 (645,000) Balance #5April 1 559,000 $2,795,000 $1,020,000 -0- $2,273,000 559.000 -O- Balance #6July 1 $1,020,000 0 $2,273,000 (419,250) 1,118,000 167,700 1,285,700 $2,795,000 419,250 $3,214,250 Balance #7-Aug. 1 $1,020,000 -0- $1,853,750 (257,140) $1,596,610 Balance 1,285,700 $3,214,250 $1,020,000 Pr. 15-165-Equity transactions. Foley Corporation has the following capital structure at the beginning of the year: Share capital-preference 6%, $50 par value, 20,000 shares authorized, 6,000 shares issued and outstanding $ 300,000 Share capital-ordinary, $10 par value, 60,000 shares authorized, 40,000 shares issued and outstanding 400,000 Share premium ordinary 110,000 Retained earnings 440,000 Total equity $1.250.000