Question 3 32 points Save Answer The following is the account balances at 1 Jan 2019 $ Share Capital -Preference (6%, $100 par , non cumulative, 5.000 shares authorized) 500,000 Share Capital - Ordinary ($5 stated value, 300,000 shares authorized) 1,000,000 Share Premium - Preference 20,000 Share Premium - Ordinary 425,000 Share Premium - Treasury 0 Retained Earnings 467,000 Treasury Shares-Ordinary (5,000 shares) 40,000 ** your answers should include numerals only, no dollar sign ("$"), no comma",", eg five thousand dollars should be input as 5000, otherwise, no marks will be awarded If 2000 treasury shares was sold for $18,000 on 31 March 2019, the Share Premium-Treasury account balance at the end of 31 March 2019 was $ If 2000 treasury shares was sold for $11,000 on 30 April 2019, Share Premium - Treasury account balance at the end of 30 April was $ If remaining 1000 treasury shares was sold for $4,000 on 31 May 2019, Share Premium -Treasury account balance at the end of 31 May 2019 was $ The retained earnings at the end of 31 May 2019 was $ The total dividend for all the perference shares for the year was $ If the account balances of Share Capital-Ordinary at 31 December 2019 was $2,000,000 and Share Premium-Ordinary was $1,025,000, The number of ordinary shares issued in year 2019 was the issued price per share was $ and the total cash proceeds from issue of shares was $ if all the shares are issued for cash. (Assumption: no other transactions took place) A Moving to another question will save this response. Question 3 of 9 Question 3 32 points Save Answer The following is the account balances at 1 Jan 2019 $ Share Capital -Preference (6%, $100 par , non cumulative, 5.000 shares authorized) 500,000 Share Capital - Ordinary ($5 stated value, 300,000 shares authorized) 1,000,000 Share Premium - Preference 20,000 Share Premium - Ordinary 425,000 Share Premium - Treasury 0 Retained Earnings 467,000 Treasury Shares-Ordinary (5,000 shares) 40,000 ** your answers should include numerals only, no dollar sign ("$"), no comma",", eg five thousand dollars should be input as 5000, otherwise, no marks will be awarded If 2000 treasury shares was sold for $18,000 on 31 March 2019, the Share Premium-Treasury account balance at the end of 31 March 2019 was $ If 2000 treasury shares was sold for $11,000 on 30 April 2019, Share Premium - Treasury account balance at the end of 30 April was $ If remaining 1000 treasury shares was sold for $4,000 on 31 May 2019, Share Premium -Treasury account balance at the end of 31 May 2019 was $ The retained earnings at the end of 31 May 2019 was $ The total dividend for all the perference shares for the year was $ If the account balances of Share Capital-Ordinary at 31 December 2019 was $2,000,000 and Share Premium-Ordinary was $1,025,000, The number of ordinary shares issued in year 2019 was the issued price per share was $ and the total cash proceeds from issue of shares was $ if all the shares are issued for cash. (Assumption: no other transactions took place) A Moving to another question will save this response. Question 3 of 9