Question 1 On January 1, 2021, Hum Enterprises Inc. had 60,000 common shares, recorded at $480,000. The company follows IFRS. During the year, the following transactions occurred: Apr. 1 June Sep. Issued 6,000 common shares at $10 per share. Declared a 5% stock dividend to shareholders of record on September 5, distributable on September 20. The shares were trading for $12 a share at this time. Announced a 1-for-2 reverse stock split. Shares were trading at $10 per share at the time. Issued 3,000 common shares at $22 per share. Repurchased 10,000 common shares for $20 per share. This was the first time Hum had repurchased its own shares. Nov. 1 Dec. 20