$***$please help me complete b$),$ some of answers to a$)$ is wrong for the journal entries$***$

transactions took place during the first year of operations with respect to these shares:

Jan. $1$ The articles of incorporation were filed and state that an unlimited number of common shares and $45,000$ preferred shares are authorized.

$2024,$ at which time the shares will be issued.

Shares are to be issued once the full payment is received.

Mar. $345,000$ common shares were sold by an underwriter for $$47$ per share. The underwriter charged WI a $5\%$ commission on the sale.

May $10$ WI paid $$1,800$ to a printing company for costs involved in printing common share certificates. As well, an invoice for legal fees related to the issue of common shares was received for $$13,500.$

to estimate the value of the common share portion of the transaction.

exchange. No interest was to be charged on the outstanding balance; however, the shares were issued immediately.

paid and no cash would be refunded.

Dec. $31$ WI declared a dividend of $$180,000$ for $2023.$ Net income for the year was $$720,000.$

account titles and enter $0$ for the amounts. Record entries in the order displayed in the problem statement.$)$

Common Shares

Cash

Cash

Common Shares

Preferred Shares

Common Shares

Cash

Share Subscriptions Receivable

$($To record collection of subscriptions receivable$)$

$[1]$

$($To record issuance of shares for fully paid subscriptions$)$

$[$

$($To record issuance of shares for fully paid subscriptions$)$

Share Subscriptions Receivable

Contributed Surplus

$($To record forfeit of unpaid subscriptions receivable$)$

$($To record dividends declared to preferred shareholders$)$

$[]]$

Common Shares Dividends Distributable

$($To record dividends declared to common shareholders$)$

$($To record dividends declared to preferred shareholders$)$

Common Shares Dividends Distributable

$($To record dividends declared to common shareholders$)$

eTextbook and Media

List of Accounts

$($b$)$

What was amount of the dividend per share declared on December $31?($Round answer to $2$ decimal places, e$.$g$.5\mathrm{.}25.)$

Dividend per share