On Dec 31, 2020, ABC Corp issued 4-year, 7% bonds with $2,000,000 as par value. ABC Corp, received $2,240,000 in cash. The bond interest is paid semiannually on June 30 and December 31 every year. Compute the following: Total bonds premium. Interest paid in cash semiannually. The Semiannual amortization amount of the bond premium. Total bonds interest expense over the 4 years. Arabian Gulf Corporation reports the following stockholders' equity section on December 31, 2020. - Common stock: $10 par value; 500,000 shares authorized: 300,000 shares issued and outstanding. - Paid in capital in excess of par value, common stock. ..$ 3,000,000 ....400,000 900.000 -Retained earnings...... Total $4,300,000 The Corporation completed the following transactions in 2021. 1- Jan. 10, Directors declared a $1 per share cash dividend payable on March 15 to the Jan. 31 stockholders of record. 2- Mar. 01, Purchased 20,000 shares of its own common for $15 per share. 3- Mar 31, Paid the cash dividend declared on Jan. 10. 4- May 01, Sold 12,000 of its treasury shares at $15 cash per share. 5- Sep. 30, Directors declared a 30% stock dividend when the share market price is $16. 6- Nov. 01, Distributed stock dividends declared on Sep. 30. 7-Nov. 15, The company implemented 5-for-1 stock split for the common stock. Required: Prepare journal entries to record each of these transactions for 2021