ransaction have on CGI's future dividend obligations? ma Inc. The following informatione of Shares and Retained Earnings (P11-11) amounts are in thousands of extracted from the statement of financial position of Dollarama Inc. All 1 ........ Dollarama Inc. reported the following information in the notes to its financial statements for the year ended February 3, 2019: Taking into account the Share Split, the total number of common shares repurchased for cancellation under the 2017-2018 NCIB and the 2018-2019 NCIB during the fiscal year ended February 3 , 2019 amounted to 13,790,350 common shares (January 28, 2018-18,313,620 common shares purchased under the NCIB then in effect) for a total cash consideration of $533,091 (January 28 . 2018 - \$812,659). For the fiscal year ended February 3, 2019, the Corporation's share capital was reduced by $17,491 (January 28, 2018-\$22,305) and the remaining $515,600 (January 28, 2018 $790,354 ) was accounted for as an increase in deficit. Required: 1. Prepare the journal entry to record the share repurchase transactions during fiscal years 2018 and 2019. 2. Why do you think Dollarama decided to repurchase the shares? Explain. 3. Did Dollarama declare any dividends during fiscal year 2019 ? If so, compute the amount of dividends declared by the company