Please help me solve the following transaction.

Splish Brothers Merchandising Inc. had the following share capital and balances on January 1, 2021. $2.50 cumulative preferred shares, convertible into common shares at a ratio of 4 common shares for 1 preferred share, $2,310,000 unlimited number of shares authorized, 140,000 shares issued Common shares, unlimited number of shares authorized, 600,000 shares issued 2,100,000 The following transactions relating to shares occurred in 2021 and 2022. Mar 31, 2021 Splish Brothers declared total annual dividends of $730,000 for shareholders of record on April 1, 2021. There were no dividend arrears at January 1, 2021. April 30, 2021 Splish Brothers paid the dividends owing. July 10, 2021 Shareholders converted 25,000 preferred shares into common shares. The fair value per preferred share was $17.80; per common share, $4.80. Feb. 20, 2022 Splish Brothers declared an annual dividend of $640,000 to shareholders of record on March 1, 2022. Mar. 5, 2022 Splish Brothers paid $340,000 of the dividends owing. July 15, 2022 Shareholders converted 50,000 preferred shares into 200,000 common shares. The fair value per preferred share was $16.80; per common share, $5.30. Journalize each of the 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 0 for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 31, 2021 Retained Earnings 730000 Dividends Payable 730000 Apr. 3077 Dividends Payable 730000 Cash 730000 July 10 T Preferred Shares 445000 Common Shares 445000 Feb. 20, 2022 Retained Earnings 640000 Dividends Payable 640000