Part C An extract from the statement of financial position of Maju Bhd as at 31 December 2015 is given below: Equity 100,000,000 Ordinary shares of RM1 each Share premium Retained profits Non-Current Liability 20,000,000 5% redeemable preference shares RM'000 100,000 50,000 300,000 22,000 Maju redeemed all the preference shares at a premium of 10 percent on 31 December 2015. It issued 5 million ordinary shares at RM2 per share to facilitate the redemption and the balance through profits available for dividends. Required: Show the journal entries to record the above transactions and prepare the statement of financial position after the completion of the transaction. (8 marks)