$1$ The equity section from the December $31,2023$ and $2024,$ balance sheets of Westburne Corporation appeared as follows:

Contributed capital:

Common shares, $50,000$ shares authorized; $27,240$ and $26,200$ shares

issued and outstanding, respectively

Retained earnings

$2024,2023$

$$599,280$$$524,000$

$580,000468,000$

The following transactions occurred during $2024($assume the retirements were the first ever recorded by Westburne$)$:

Jan. $5$ A $$1\mathrm{.}60$ per share cash dividend was declared, and the date of record was five days later.

Mar. $203,500$ common shares were repurchased and retired at $$20\mathrm{.}00$ per share.

Apr. $5$ A $$1\mathrm{.}60$ per share cash dividend was declared, and the date of record was five days later.

July $5$ A $$1\mathrm{.}60$ per share cash dividend was declared, and the date of record was five days later.

July $31$ A $20\%$ share dividend was declared when the market value was $$32\mathrm{.}00$ per share.

Aug. $14$ The share dividend was issued.

oct. $5$ A $$1\mathrm{.}60$ per share cash dividend was declared, and the date of record was five days later.

Required: