During its first year of operations, Cupola Fan Corporation issued 41,000 of $1 par Class B shares for $440,000 on June 30, 2021. Share issue costs were $2,600. One year from the issue date (July 1, 2022), the corporation retired 10% of the shares for $45,000. Required: 1. to 4. Prepare the journal entries to record the issuance of the shares, the declaration of a $2.00 per share dividend on December 1, 2021, the payment of the dividend on December 31, 2021 and the retirement of the shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)