E10.2 On 1 January Hinckley Ltd's share capital comprised 75000 issued ordinary shares ($750 000) and retained earnings of $300 000. During the year, the following ber. ransactions occurred: Issued 4000 additional ordinary shares for $11 per share June 15 Declared a cash dividend of $1.50 per share to ordinary shareholders. Dec. 1 Issued 3000 additional ordinary shares for $13 per share. Apr. 1 Paid the $1.50 cash dividend. July 10 Declared a cash dividend on issued ordinary shares of $1.80 per 15 share to shareholders. Profit for the year was $450 000 31 Required ) Prepare the journal entries to record the above transactions. ) Prepare the equity section of the statement of financial position as at 31 December