Problem 4 (25 marks) Selected account balances of Voto Limited at December 31, 2019 are as follows: $8 Preferred shares (2,500 shares issued and outstanding) $580,000 Common shares (72,000 shares issued and outstanding) 560,000 Contributed surplus 109,000 Retained earnings 796,000 Accumulated other comprehensive income 24,000 The common share price was $23 on January 1, 2020, $26 on July 1 and $29 at the end of 2020. Voto follows IFRS. Prepare all the necessary journal entries for each of the following events in 2020: (1) A shareholder, to help Vito expand into her city, donated to the company a plot of land with an appraised value of $126,000. (2) The company declared a property dividend on April 1, giving each common shareholder one common share of Cambridge Corp. for every 12 shares outstanding. Vito had 8,500 shares of Cambridge, which had been purchased in 2015 for $69,530. The shares are accounted for as an FV-OCI investment. The accumulated other comprehensive income relates only to these shares. The fair value of the Cambridge shares was $18 per share on April 1. The property dividend was paid on May 1. (3) On July 1, the company declared a 5% stock dividend. The stock dividend was distributed July 22