The Guotai Corporation has a fiscal year end of Dec 31. The partial statement of financial position for the fiscal year 2018 is shown below Equity Share capital-ordinary, S1 par, 700,000 shares authorized, 400,000 shares issued $400,000 Share premium ordinary 700,000 Retained earnings 400,000 Total equity $1,500,000 In the fiscal year 2019, the following equity transactions happened: Apr. 21 Issued 80,000 ordinary shares at $5 per share. Jul. 15 Repurchased 28,000 ordinary shares of its own at $4 per share to be held in the treasury. Oct. 3 Reissued 11,000 treasury shares for $4.5 per share. Required: (a) Prepare the journal entries to record the above equity transactions in 2019. (5 marks) (b) The net income for the fiscal year 2019 of Guotai Corporation is $200,000. In 2019, the Guotai Corporation does not pay any dividends. Prepare the equity section of the statement of financial position for Guotai Corporation on Dec 31, 2019. (6 marks) (c) Discuss what is the impact of cash dividend, share dividend, and stock split on the marketability of a firm's shares