repare journal entries to record the following transactions for Michael Ltd

2020
July 1	A prospectus was issued inviting applications for 200 000 ordinary shares at an issue price of $4, with $3 payable on application and the balance payable in a call on 15 August 2021. The issue was underwritten at a commission of $4000. The company also offered those shareholders who purchased more than 1000 shares the right to acquire options for 70c each. The options allowed investors to acquire shares in Michael for $3 each (paid to $4) before 30 November 2020.
21	Applications closed with the ordinary share issue oversubscribed by 20 000. Applications were received for 20,000 options.
31	All shares and options were allotted, and application money refunded to unsuccessful applicants for ordinary shares.
Aug. 14	The underwriter was paid their commission.
Nov 30	By Nov 30 the price of Michael Ltd.s shares was $3.20. The holders of 18,000 options exercised the options and the remainder lapsed.
2021
Aug. 1	The first and final call was made on the ordinary shares for $1 per share
15	The balance payable on the call on the ordinary shares was received from holders of 199 000 ordinary shares.
22	The shares on which call money was not received were forfeited.
25	The forfeited shares were placed with an institutional investor, paid to $4 on payment of $3.80. The cash was received from the financial institution, and any balance in the forfeited shares account returned to the former shareholders. Reissue costs amounted to $500.