On 01 January 2016, EQUADOR Corr. has 100,000 no-par shares issued and outstanding. These stocks have a stated value of $ 50 per share. During, 2017 the following things happened: Apr 1 Issued 25,000 common shares at $ 170 per share. June 15 An announced cash dividend of $ 20 per share for shareholders and recorded on June 30, 2016. Jul 10 Paid cash dividend of $ 10 per share. Des 1 Issued 5,000 common shares at $ 190 per share. Des 15 Announced cash dividends on outstanding shares of $ 22 per share for shareholders and recorded on December 31, 2016. (a) Make a Journal for the above transaction! (b) How does dividend & dividend payable affect Equador Corp.'s financial statements