The Dawson Family Has Just Incorporated a Company, Dawson Creek

The Dawson family has just incorporated a company, Dawson Creek Ltd.The authorized share capital is as follows: unlimited Class A common shares, 100,000 Class B non-voting common shares, par value
$1, and 50,000 no par value $4.00 preferred shares.The family purchased the following shares: Mr Dawson
10,000 Class A for $2 per share and 1,000 preferred shares for $5 per share; Mrs Dawson 10,000 Class B shares for $2 per share and 1,000 preferred shares for $5 per share; their three children each 1,000 preferred shares for
$5 per share.In addition Mr.Dawson contributed computer equipment with an estimated fair value of $10,000 for an additional 10,000 Class A shares.
Required:
A) Record the issuance of all the shares.
B) At the end of the first year of operations the company had made $75,000 and declared and paid a $0.25 dividend on all common shares, as well as paying the required preferred dividends.Record the dividend payments.Assume they were paid when declared.
C) What is the balance in each of the equity accounts at the end of the first year?