Some of the account balances of Vos Limited at December 31, 2019 are as follows:

$4 Preferred shares (1.500 shares authorized, 1.600 shares issued and outstanding) Common shares (unlimited authorized. 40.000 shares issued and outstanding) Contributed surplus Retained earnings Accumulated other comprehensive Income $440,000 440,000 97,000 751,000 21,375 The price of the company's common shares has been increasing steadily on the market; It was $19 on January 1, 2020 and advanced 0 522 by July 1 and to $25 at the end of 2020. The preferred shares are not openly traded but were appraised at $118 per share during 2020. Vos follows IFRS and had net Income of $144,000 during 2020. For the purpose of this question, Ignore any dividend entitlement to the preferred shareholders. The company declared a property dividend on April 1. Each common shareholder was to receive one share of Waterloo corp. for every shares outstanding. Vos had 7,500 shares of Waterloo (2% of the outstanding shares), and had purchased them in 2015 for $67,575. The shares are accounted for using the FV-OCI model. The accumulated other comprehensive Income relates only to these shares. The falr value of the Waterloo shares was $14 per share on April 1. The property dividend was distributed on April 21 when the fair value of the Waterloo shares was $17.50. The Waterloo shares remained at a falr value of $17.50 until year end. Prepare the journal entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, eg. 5,275. Do not round intermediate calculations.) Debit Credit Date Account Titles and Explanation Apr. 1 (To record fair value adjustment) Apr. 1 (To record declaration of property dividend) Apr. 1 (To reclassify holding gain) Apr. 21 On July 1, the company declared 23 stock dividend at the falr value of the shares to the remaining common shareholders. The stock dividend was distributed July 22. Prepare the journal entries. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July 1 July 22 A shareholder, in an effort to persuade Vos to expand into her city, donated to the company a plot of land with an appraised value of $38.000 Prepare the journal entry. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Prepare the shareholders' equity section of Vos's SFP 2 December 31, 2020. (Round answers to decimal places, eg. 5,275. Do not round Intermediate calculations.) Vos Limited Shareholders'Equlty December 31, 2020 $