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INTERMEDIATE ACCOUNTING -2 5. Krusty Krab Corporation was organized on January 1, 2020. The firms charter authorized the issuance of the following: 18% cumulative preference shares P 100 par 20,000 shares and Ordinary shares, no par, 50,000 shares. The board of directors has established a 50 stated value on ordinary shares. Jan 01: Paid for organization expenses amounting 120,000 Jan 05: The organizers subscribed to ordinary shares to comply with the pro-incorporation requirement (25% subscribed). They gave 25% down payment. The organizer also subscribed to 5,000 preferences share at par and paid 50% Jan 30: Sold 750 shares of preference shares to E DI SA PUSO MO Corporation for 105 per share. Cash was received and the shares were issued. Fob 21: Received land costing 50,000. Appraised market value of land is 220% of the original cost. 500 preference shares were issued Feb 25: Legal and filing cost were paid in cash in connection with Feb 21 transaction amounting to 25,000.00 Feb 26: Issued 1,000 ordinary shares for the legal service provided to corporation. The fair value of such services is reliably determined to be 120,000.00 Feb 27: Received an amount of 1,500,000.00 cash as payment for 10,000 shares of ordinary and 5,000 shares of preference shares. The market values of ordinary and preference shares are 150.00 and 250.00 respectively. Feb 28: A call from ordinary and preference subscriber for January 1 transaction resulted to issuance of stock certificates. )Option 1 Feb 29: Operation started in February with the Income summary resulting in a credit balance of 500,000.00 March 1: Some Shareholders donated 1,000 shares of Ordinary shares with stated value of 50.00. March 2: 500 shares of ordinary shares acquired last March 1 were issued for 55.00 and retired the other 500 shares. March 3: The Krusty Krab company re acquired 600 ordinary shares for treasury at 70 per share. March 5: Krusty Krab issued 5,000 callable preference shares with warrant amounting 700,000.00. The market value of preference share ex warrant is 150 and the market value of warrant is 50. March 8: 50 of the treasury shares were sold at 75.00 March 9: Krusty Krab issued redeemable preference share 2.000 at 100 per share with mandatory redemption of 150.00 March 11: 100 of the treasury shares were sold at 15.00 March 13: Rodoomed the 2,000 shares issued March 9 at 150.00 March 15: Redeemed the 5,000 callable preference shares issued March 5 at 150.00 March 31: Operation started in March with the Income summary resulting in a credit balance of 100,000.00What Is the balance of Preference share as of March 31, 2020* Your answer What the balance of Share Premium on Preference Share as of March 31, 2 peltta 2020 * Your answer What le the balance of Ordinary Share Capital as of March 31, 2020 * Your answer What Is the balance of excess of stated value - Ordinary shares AS OF March 31, 2020? * Your answer What Is the balance of Retained Earning - Unappropriated as of March 31, 2 gelia 2020?* Your answer What Is the balance of Share Premium on treasury Stock as of March 81. 2 gelia 2020? Your answer What Is the balance of Treasury shares - ordinary as of March 31, 20207 * 2 paints Your answer What is the balance of Donated Capital as of March 31 2020?* 1 palmta Your answer What Is the total Stockholders equity as of March 31, 2020? * Your