ACME Incorporated, a publicly traded company with a December 31 year end, had the following equity balances at December 31, 2021: No dividends have been declared for the last two years. During 2022, ACME had the following transactions: 1. January 01, reacquired and cancelled 25,000 Class B Common Shares at $7.00 per share. 2. January 01, declared and paid dividends in arrears on the $5 preferred shares. 3. January 01, reacquired and cancelled 100,000$5 Preferred Shares at $6.00 per share. 4. March 15, declared and distributed a 5% stock dividend on the Class B common shares when the market value was $9.50 per share. 5. June 30, declared a 2:1 stock split on the Class A common shares. 6. September 01, 50\% of the $4 Preferred Shares were converted to Class A Common Shares. olders' Equity erred Shares, cumulative, 50% participating, 500,000 authorized \& outstanding $2,500,000 erred Shares, 1:1 Convertible to Class A Common, 350,000 authorized \& outstanding 1,500,000 , Common Shares, unlimited authorized, 600,000 shares outstanding i Common Shares, unlimited authorized, 125,000 shares outstanding uted surplus - redemption of $5 preferred shares lid-in capital ad earnings llated other comprehensive income Iareholders' equity 3,000,000900,00050,000$7,950,00018,500,000875,000$27,325,000