Please help me solve.

+ B D Page view A Read aloud | Add text Draw Barton Corporation was established on January 1, 2017 as an online retailer to distribute off-road adventure gear out of its warehouse in Banff, Alberta Barton is authorized by its articles of incorporation to issue 100,000 shares of $10 cumulative preferred shares and an unlimited number of common shares. The following transactions relating to equity occurred during the first two years of the company's operations. Jan Doc 2017 2 issued 200.000 common shares at $12 por share. 2 Issued 100,000 common shares in exchange for a building valued at $820,000 and merchandise inventory valued at $380,000 3 Paid a cash reimbursement to the company's founders for $100,000 of organization costs; the Organization Expenses account was debited. 3 Issued 12.000 proferred shares for cash at $110 per share N 31 The Income Summary account for 2017 had a $125,000 credit balance before being closed to Retained Earnings; no dividends were declared on either common or preferred shares 2018 June 4 Issued 100.000 common shares for cash at $15 per share. Doc 10 Declared total cash dividends of $540.000 payable on January 10, 2014 31 The Income Summary account for 2018 had a $1 million credit balance before being closed to Retained Earnings Click here for a description of List Demonstration Problem Required 1. Prepare the journal entries to record these transactions. 2. Prepare statements of changes in equity for the years ended December 31, 2017 and 2018 3. Prepare the balance sheet presentation of the liabilities and equity as at December 31, 2017 and 2018. Include appropriate notes to the financial statements (regarding any dividends in arrears) - E E