On lanuary 1, 2020, All-Seasons inc issued 25,000 common shares with a par value of S4.50 per share for cash. Tree menths later, Le. on April L, the company received furn iture worth $15,000 and equipmeat of $32,000 in exchange of 5,040 common shares. The compary alio isued 8,000,$275 cumulative preferred shares for $12 per share on Moy 10, 2020. Requed 1 Record the joumal entries for iswance of ghares in 2020. 2 Assuming that Al-Seasons in, declared a total dividend of \$60.000 on October 31, 2020 [to be pid cn December 31, 2020), record the joumal entries for dividend declarztion and pyiment. 3 Assume that All-Seasens Inc. did not declare any dividend in 2020 and 2021 ; record the journal entries if a dividend of $100,000 was declared on September 1, 2022 and paid on December 31 of 2022