Comparative statements of shareholders' equity for Anaconda International Corporation were reported as follows for the fiscal years ending December 31, 2021, 2022, and 2023. ANACONDA INTERNATIONAL CORPORATION Statements of Shareholders' Equity For the Years Ended Dec. 31, 2021, 2022, and 2023 ($ in millions) Preferred Stock Balance at January 1, 2021 Sale of preferred shares Sale of common shares Cash dividend, preferred Cash dividend, common Net income Balance at December 31, 2021 Retirement of shares Common Stock Additional Paid-In $10 par $1 par 55 Capital 495 Retained Earnings 1,878 Total Shareholders' 10 470 Equity 2,428 480 7 63 70 (1) (1) (16) (16) 290 290 10 62 1,028 2,151 3,251 (3) (27) (20) (50) Cash dividend, preferred Cash dividend, common 3-for-2 split effected in the form of a dividend (1) (1) (20) (20) 5 (5) Net income Common stock dividend 380 Balance at December 31, 2022 15 59 6 996 2,490 380 3,560 59 Cash dividend, preferred (65) (1) (1) Cash dividend, common (22) Net income 412 (22) 412 Balance at December 31, 2023 15 65 1,055 2,814 3,949 Required: 1. Infer from the statements the events and transactions that affected Anaconda International Corporation's shareholders' equity during 2021, 2022, and 2023. Prepare the journal entries that reflect those events and transactions. (Hint: In lieu of revenues and expenses, use an account titled "Income summary" to close net income or net loss.) 2. Prepare the shareholders' equity section of Anaconda's comparative balance sheets at December 31, 2023 and 2022. Complete this quantian hu ankarina van Sun in the take kalaw