2. Prepare the shareholders' equity section of National Supply's balance sheet at December 31, 2023, assuming the shares are (a) retired and (b) accounted for as treasury stock. Net income was $19 million in 2021, $21 million in 2022, and $23 million in 2023. No dividends were paid during the three-year period. Complete this question by entering your answers in the tabs below. Req 1 Retired Req. od Req 1 Treasury Stock Req 2 Prepare the entry for each of the transactions given in the requirement above. Assume shares are retired. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Req 1 Retired Req 1 Treasury Stock Reg 2 Prepare the entry for each of the transactions given in the requirement above. Assume shares are retired. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list 1 Record the purchase of shares on February 15, 2021 for retirement. 2 Record the purchase of shares on February 17, 2022 for retirement. 3 Record the sale of shares on November 9, 2023. 14 Botired Rey I leasury Req 1 Retired Stock Req 2 Prepare the entry for each of the transactions given in the requirement above. Assume shares are treasury stock. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list 1 Record the purchase of 460,000 shares at $11 per share on February 15, 2021 that are accounted for as treasury stock. 15, 2021 2 Record the purchase of 460,000 shares at $9 per share on February 17, 2022 that are accounted for as treasury stock. 3 Record the sale of 320,000 shares at $10 per share (assume FIFO cost) on November 9, 2023. Credit