Wildhorse Corporation had the following shareholders' equity on December 31, 2022: Common shares, 1.400.000 shares authorized, issued and outstanding Contributed surplus (Common Shares) Retained earnings Total shareholders' equity $8,400,000 79,000 10,900,000 $19,379,000 The following transactions occurred, in the order given, during 2023: (a) (b) (c) (d) (e) 1.060 subscriptions were sold for common shares, Each subscription entitled the purchaser to purchase 10 shares in the company at a price of $8 per share. According to the subscription contracts, a payment of $20 per subscription was required at the time the subscriptions were sold. As per the subscription contracts, the second payment was for the balance of the subscription price. Of the 1,060 subscribers, 110 defaulted and did not make this second payment. The subscription contracts specify that, in the event of default, the first payment will not be refunded to defaulting subscribers. Also, at this time, common shares are issued to subscribers that have fully paid on the contract. Wildhorse repurchased and cancelled 70,000 common shares at a cost of $4 per share. A cash dividend of $0.65 per share was declared. The date of record was after all of the events above. Prepare the journal entries to record the above transactions for Wildhorse Corporation for 2023. (Round average share price to 2 decimal places for your calculations, eg. 52.75 and final answers to O decimal places, eg. 5,275. List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Accounts Titles and Explanation Debit Credit (a) (To record sale of shares on a subscription basis) (b) (To record collection of down payment) (c) (d) (e) (To record forfeit of payment from defaulting subscribers) (To record issuance of shares)