2. How much profit did the company earn during 2024 ? 3. Prepare the statement of changes in equity for the year ended December 31,2024 . (Deductible values should be indicoted by a minus sign.) Required: 1. How many shares were outstanding on each of the cash dividend dates? The equity section from the December 31, 2023 balance sheet of Kentucky Corporation appeared as follows: The following transactions occurred during 2024 (assume the retirements were the first ever recorded by Kentucky) Jan. 5 A \$1.50 per share cash dividend was declared, and the date of record was five days later. Mar. 201,800 comen shares were repurchased and retired at $21.70 per share. Apr. S A \$1.10 per share cash dividend was declared, and the date of record was: five days later. July 5 A $2.00 per share cash dividend was declared, and the date of record was five days later. July 31 A 20.09% share dividend was declared when the market value was \$40.09 per share. Aug. 14 The share dividend was issued. Oct. 5 A \$1.90 per share cash dividend was declared, and the date of record was five days 1 ater