Tutup Lapak Corp. reported the following components of shareholders' equity section on December 31, 2019. Share Capital - Ordinary, $12 par value, 500.000 authorized, 200.000 outstanding $2.400.000 Share Premium - Ordinary $480.000 Retained Earnings $1.750.000 During 2020, the following transactions affected its shareholders' equity accounts. Date Transaction Feb 17 Issued 10.000 ordinary shares for $15/shares. Mar 17 Purchased 5,000 of its own shares at $17 cash per share. Apr 17 Sold 3,500 of its treasury shares at $20 cash per share. Sep 17 The Company declared a 10% share Oct 17 dividend to shareholders of distributable on Nov 17 November 17. Record date on October 17. On September 17 (announcement date), market price was $22/share. Dec 17 Split the ordinary share 1:2 for ordinary shares Dec 31 Recorded net income of $700,000 and closed dividend transaction into retained earnings. Instructions: a. Prepare the journals for the above transactions of 2020. b. Prepare the equity section in the Statement of Financial Position as of Dec 31, 2020