Sunflower Bhd was registered with capital of RM300,000 dividend into 100,000 ordinary shares of RM2 each and the balance in 7% preference shares of RM1 each. The following is the statement of financial position of sunflower Bhd (extract) as at 31 December 2017

Issued and paid up capital	RM
Ordinary shares	30,000,000
7% preferences shares	10,000,000
Reserves
Share premium	15,000,000
Retained earnings	50,000,000

On 1 January 2018, Sunflower Bhd makes a public issue of 40,000,000 ordinary shares at an issue price of RM2.50 per share payable fill on application. Oversubscribed of 15,000,000 units were rejected by the company and the money was refunded.

The company then issues half of the unissued 7% preferences shares at a discount of RM0.20. Application of 35,000,000 shares were received. It is the policy of the company to write off any discount on share premium account.

Required:

i) Prepare the relevant journal entries to record all the above transactions. (Narrations are not required).

ii) Prepare the statement of financial position (extract) as at 31 December 2018. (Equity and liabilities section only)