3. Journalizing issuance of shares, treasury shares Mara Berhad has the following information Mara Berhad Statement of Financial Position as at 31 December 2017 RM 2,250,000 Paid in Capital: Preferred shares 100,000 shares authorized 45,000 shares issued and outstanding Ordinary shares 150,000 shares authorized 78,000 shares issued and outstanding Total paid in capital 3,120,000 5,370,000 Retained Earnings 101.000.000 Total Shareholders' Equity 547.100.000 June 1 Issued 8,000 at RM63 per shares to acquire a unit of office building. Depreciation policy for the building is straight line method, 25 years useful life with RM250,000 residual value July 1 Issued 3,000 units of treasury shares RM45 per shares Issued 7,000 preferred shares for cash RM50 per share Required: a) Journalize the transactions b) Prepare the extract of Statement of financial Position