please help with the wrong parts that i got

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Question 2 of 5 12.16/15 View Policies Show Attempt History Current Attempt in Progress Houle Ltd. was incorporated on January 15, 2020, and was authorized to issue 2,190,000 common shares and an unlimited amount of 12% fixed dividend, cumulative, retractable, non-participating, non-voting preferred shares. During the remainder of 2020, the company entered into the following transactions. 1 2. 3. 4. Houle issued 450,000 common shares in exchange for $6,840,000 in cash. A total of 200,000 preferred shares were issued for $11 a share. A dividend was declared on the preferred shares. A $0.23 dividend per share was declared on the common shares. The dividend on the preferred shares was paid. The dividend on the common shares was paid. The company had net income of $1,890,000 for the year. The closing entries for net income and the dividends declared accounts were prepared. 5. 6. 7. Your answer is partially correct Prepare journal entries to record 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 0 facultatea Question 2 of 5 12.16 / 15 3. Dividends Declared 264.000 Dividends Payable 264.000 4. Dividends Declared 103,500 Dividends Payable 103.500 5. Dividends Payable 264.000 Cash 264.000 6. Dividends Payable 103 500 103.500 7. Income Sunuary 1.890.000 1.890,0003 Retained Eaming (To close income summary) Retained Forning 3.7500 Dividends Declared 367,500 (To dose dividends declared) QUESLIULUI Your answer is partially correct. Prepare the shareholders' equity section of the statement of financial position as at December 31, 2020. Shareholders' Equity, December 31, 2020 Share Capital Common Shares $ 6840 000 Preferred Shares 200.000 Retained Earnings 1,603,200 Total Shareholders Equity $ $ 10,643,200 e Textbook and Media List of Accounts