Dalene Organization began operations on January 1, 2021. The company was authorized to issue 75,000 $5.00 non-cumulative preferred shares and an unlimited number of common shares. The company's fiscal year end is December 31 The following selected transactions occurred at Delene Organization: January 1 Issued 10,000 common shares at $7.00 each for cash April 25 7,500 preferred shares and 8,500 common shares were issued at $24.00 and $9.25 respectively, for cash. September 22 1,300 common shares were issued in exchange for equipment with a fair value of $18,000. December 20 Declared the required cash dividend on the preferred shares and a $1.85 per common share cash dividend payable on January 30, 2022 to the shareholders of record of January 20, 2022 Required: Prepare journal entries to record all transactions (including January 2022)