On January 1, 2021, Kraft Company had 62,000 common shares, recorded at $496,000. 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 $10 per share. Q June 15 Declared a 7% stock dividend to shareholders of record on September 5, distributable on September 20. The shares were trading for $13.50 a share at this time. Sep. 21 Nov. 1 Dec. 20 Dec. 27 Announced a 2-for-1 stock split. Shares were trading at $11.25 per share at the time. Issued 2,000 common shares at $3.10 per share. Repurchased 10,000 common shares for $5 per share. This was the first time Hum had repurchased its own shares. Paid cash dividends of $39,000.