QUESTION $3-25$ MARKS

Part A$-17$ marks

During $2018,$ MoreMoney Inc. had the following ordinary share transactions:

$\backslash$table$[[$Date$,$Transaction,Number of Shares$][$January $1,$Beginning balance,$100,000],[$February $28,$Issued shares for cash,$40,000],[$May$.1,$Issued a $50\%$ share dividend$`,?$