Problem 18-8 (Algo) Share issue costs; issuance; dividends; early retirement [LO18-3,18-4,18-7] During its first year of operations, Cupola Fan Corporation issued 44,000 of $1 par Class B shares for $455,000 on June 30, 2021. Share issue costs were $2,900. One year from the issue date (July 1, 2022), the corporation retired 10% of the shares for $46,500. Required: 1. to 4. Prepare the journal entries to record the issuance of the shares, the declaration of a $2.30 per share dividend on December 1, 2021, the payment of the dividend on December 31, 2021 and the retirement of the shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Record the issuance of the shares. Note: Enter debits before credits. Date June 30, 2021 General Journal Debit Credit Record entry Clear entry View general journal