Excerpt of The Company's Financial Position Statement. As of March 31, 2020, are as follows: Boardman Company Bhd. Statement of Financial Position as of 31 March 2020 Fully issued and paid-up capital: 20,000 units, cumulative and preference shares, 6% 300,000 units, common stock Retained Earnings 1,000,000 3,600,000 3,200,000 7,800,000 The following are transactions involving the company's capital shares: 2020 Mei 10 Jun 4 Disember 31 2021 Februari 12 Mac 31 Mac 31 Issue 4.000 units of cumulative and cumulative preference shares, 6% to acquire land with a market value of RM320,000! Issue 80,000 units of ordinary shares for cash at RM13.10 per share. Makes a split of ordinary shares 2 for 1. Issue 2.500 units of preference shares in growth, 6% to acquire cash at RM62 per share! (RM155,000) To declare a dividend to shareholders of the company amounting to RM320,000 cash dividend. Business records show the company does not pay any cash dividends to preference shareholders for the business period ended on March 31, 2020. The Company also declared a share dividend of 1 unit of ordinary shares for every 50 units of ordinary shares in issue as of this date from retained earnings. Ordinary shares market price on this date is RM10.20 per unit. The Company achieved a net income of RM420,000 for the financial year ended 31 March 2021. The Company achieved a net income of RM420,000 for the financial year ended 31 March 2021. Required: 1. Show the calculation and distribution of cash dividends to all shareholders. 2 Prepare a journal entry to record the above transactions. 3. Provide the owner's equity share in the Boardman Bhd Company's Financial Position Statement. 31 March 2021 in accordance with the format of the published financial statements. 4. Describe two (2) features for a company that distinguishes it from other types of organizations