QUESTION 2 Below is a partial Statement of Financial Position of Malika Bhd as at 31 December 2019: Malika Bhd Partial Statement of Financial Position As at 31 December 2019 RM'0002 Equity: Contributed share capital 50,000 Retained earnings 25,000 Total equity 75,000 As at 31 December 2019, Malika Bhd had 5,000,000 shares outstanding. During 2020, the following transactions took place: . 1,000,000 shares were issued at RM15 per share on 1. February 2020. Share issue expense was RM100,000.- ii. A cash dividend of RM1 per share on its outstanding shares was declared on 15 July 2020. The dividend was paid on:15 August 2020.4 iii. Net income after tax in 2020 was RM3,600,000.- iv. Other comprehensive income after tax in 2020 was RM40,000. H REQUIRED: (a) Prepare journal entries for the issuance of shares and for the dividend declaration. e (b) -- Prepare the Statement of Changes in Equity for the year ended 31 December 2020