The shareholder's equity section of Chen Industries Limited at November 30, 2022 is shown below: Shareholders' Equity $1.50 cumulative preferred shares, 1,000 shares issued $50,000 Common shares, 10,000 shares issued 60,000 Retained earnings 196,000 $306,000 During 2023 the company completed the following transactions: February 10 Declared a regular cash dividend on the preferred shares. March 10 Paid the cash dividend April 14 Declared a 10% stock dividend on the common shares. Market price per common share was $7 / share May 14 Distributed the stock dividend July 6 Issued 2,000 common shares for \$5/ share November 20 Received equipment valued at $30,000 and issued 3,750 common shares. REQUIRED: 1. Journalize Chen's transactions. Explanations are not required. 2. Prepare the shareholder's equity section of Chen Industries Limited balance sheet at