GreenEnergy Solutions is reviewing its financial performance for the year ending December 31, 20X1. The company had several key transactions throughout the year. On January 1, GreenEnergy issued 15,000 shares of common stock at $30 per share. On April 15, the company declared a dividend of $1.00 per share, which was paid on May 15 to shareholders of record on April 30. On July 1, GreenEnergy issued bonds payable of $600,000 at a 5% interest rate, with interest payable annually on June 30. Finally, on September 30, the company repurchased 4,000 shares of its own common stock at $32 per share.

Required:

1. Prepare journal entries for each of the above transactions.
2. Calculate the total dividends declared and paid during the year.
3. Prepare the equity section of the balance sheet as of December 31, 20X1.
4. Discuss the impact of the bond issuance and stock repurchase on the company’s financial position and earnings per share (EPS).