Royal Park Ltd is an existing company that has issued previously 300,000 ordinary shares of $8 each and 100,000 5% preference shares of $15 each. On 1st January 2019, Royal Park Ltd offered to issue an additional 250,000 ordinary shares for $11, payable in two installments: $7 initially on application; $4 payable based on calls as required. Applications for 400,000 shares were received by the closing date of 30th January 2019. On 10th February 2019, shares were allotted, and a refund was made to unsuccessful applicants. Directors announced on 30th June 2019 a profit after tax of $900,000. On 7th July 2019, the board of directors during the Annual General Meeting announced that the company will pay preference dividends and ordinary dividends of 6.2 cents per fully paid equivalent share from retained earnings. On 3rd August 2019, payment was made for dividends declared. Required: a) Prepare the general journal entries to record the information above. (8 marks) Narrations are NOT required