Question 2 (6 marks) Fineline Co. is a public company, and as of January 1,2023, had 300,000 no-par value common shares authorized, issued, and outstanding. The shares were initially issued at $40 per share. The following transactions occurred in 2023 : February 28: Fineline reacquired 6,000 shares at a cost of $38 per share. April 28: Fineline accepted subscriptions for 10,000 of its common shares. At this time, the shares were selling for $45 each. Fineline received a 40% downpayment on this date, with the remainder due in six months. October 9: Fineline repurchased 4,000 shares. The purchase cost was $44 per share. October 28: The balance of the subscription price was received and the shares were issued. December 31: Fineline declared cash dividends of $10,000 to be paid on January 15, 2024. Required: Prepare the journal entries to record the transaction