e balance sheet for Tactex Controls Inc., provincially incorporated in 2021, reported the followin ecember 31, 2022. n 2023 and 2024, the company had the following transactions affecting shareholders and the equity 2023 Jan. 1 Sold 24,000 common shares at $10.04 per share. 5 The directors declared a total cash dividend of $225,000 payable on Feb. 28 to the Feb. shareholders of record. Dividends had not been declared for the years 2021 and 2022. All of the preferred shares had been issued during 2021. Feb. 28 Paid the dividends declared on January 5. July 1 Sold preferred shares for a total of $156,200. The average issue price was $25 per share Dec. 31 Closed the dividend accounts along with the $576,200 credit balance in the Income summar. arenenent