On January 1, 2021, Kraft Company had 62,000 common shares, recorded at $372,000. The company follows IFRS. Assume the balance in Retained Earnings at the beginning of the year is $400,000 and profit for the year was $185,000. During the year, the following transactions occurred: Apr. 1 Issued 10,000 common shares at $8 per share. Declared a 5% stock dividend to shareholders of record on September 5, distributable on September 20. The shares were trading for $11.50 a share at this time. Announced a 2-for-1 stock split Shares were trading at $9,25 per share at the time. June 15 Sep. 21 Nov. 1 Dec 20 Dec 27 Issued 2,000 common shares at $3,80 per share. Repurchased 10,000 common shares for 55 per share. This was the first time Hum had repurchased its own shares. Paid cash dividends of $33000 Prepare the journal entries for the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record Journal entries in the order presented in the problem. Round average per share to 2 decimal places, eg. 15.21 and final answers to decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit > > Dec. 20 Dec. 20 List of Accounts Prepare the Retained Earnings section only of the statement of changes in shareholders equity. Kraft Company Statement of Changes in Shareholders' Equity Prepare the Retained Earnings section only of the statement of changes in shareholders' equity. Kraft Company Statement of Changes in Shareholders' Equity > List of Accounts