On 1 Feb 2021, a prospectus was issued offering 300,000 ordinary shares at an issue price of $6 per share, payable $2 on the application, 2$ on the allotment, and $2 on a final call. The closing date for application was 7 Feb. The issue was underwritten at a commission of $500. On 7 Feb, applications were received for 350,000 shares by this date. On 8 Feb, the shares were allotted, with the oversubscription being refunded to unsuccessful applicants. The underwriting commission was paid. All allotment money was received by 28 Feb. On 1 March, the company made the call for the remaining $2 per share. The company received $580,000 call money by the due date (31 March). 2021 1 Feb 7 Feb 8 Feb 28 Feb 1 March 31 March Prepare general journal entries to record the above transactions Calculate the amount of share capital in the statement of financial position. ( Show all workings)