Current Attempt in Progress On January 1, 2021, Kraft Company had 75.000 common shares, recorded at $600,000. The company follows IFRS. Assume the balance in Retained Earnings at the beginning of the year is $400,000 and profit for the year was $185.000. During the year, the following transactions occurred: Apr. 1 June 15 Issued 10,000 common shares at $10 per share. Declared a 5% stock dividend to shareholders of record on September 5. distributable on September 20 The shares were trading for $13.50 a share at this time Announced a 2-for-1 stock split. Shares were trading at $11.25 per share at the time Issued 2.000 common shares at $3.70 per share Sep 21 Nov. 1 Dec 20 Repurchased 10.000 common shares for $5 per share. This was the first time Hum had repurchased its own shares Dec 27 Paid cash dividends of $36.000 Prepare the journal entries for the above transactions. (Credit account titles are automatically indented when the amount is entered Prepare the journal entries for the above transactions. (Credit account titles are automatically Indented when the amount is entered Do not indent manually. If no entry is required select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Round average per share to 2 decimal places, es 1521 and final answer to decimal places 5.2753 Debit Credit Date Account Titles and Explanation Dec 20 Prepare the Retained Earnings section only of the statement of changes in shareholders equity Kraft Company Statement of Changes in Shareholders' Equity