Question 4 (20 Marks) Plum Corporation has authorized share capital of 900,000 common shares and 350,000 preferred shares. On January 1, 2021, the balance in its shareholders equity included: 9,300 common shares valued at $87,000, 4,900 preferred shares valued at $66,000 and Retained earnings of $51,000. Profit for the year ending December 31, 2021 was $68,000. No dividends were declared or paid to any shareholders during 2021. During 2021, Plum Corporation had the following share transactions: May 4 Issued 13,000 common shares for $13 each. July 30 Issued 4,400 preferred shares for $17 each. Nov 8 Issued 22,000 common shares in exchange for Building valued at $298,000. Required: a) Journalize the share transactions during 2021. (6 marks) b) Prepare the equity section of Plum Corporation's balance sheet at December 31, 2021. (14 marks)