he Data Group Inc. had the following balances in its equity accounts at December $31,2022$:

Common shares, unlimited shares authorized; $210,000$ shares issued and outstanding $ $3,990,000$

Retained earnings $470,000$

During $2023,$ the following equity transactions occurred:

Apr. $15$ Repurchased and retired $9,200$ common shares at $$17\mathrm{.}40$ per share.

May $1$ Repurchased and retired $18,000$ common shares at $$20\mathrm{.}60$ per share.

Nov. $1$ The board of directors declared a $2$:$1$ share split effective on this date.

Required:

$1.$ Prepare journal entries to account for the transactions during $2023($assuming the retirements were the first ever recorded by The Data Group Inc.$).($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

$2.$ Prepare the company$$s equity section on the December $31,2023,$ balance sheet, assuming a loss for the year of $$150,000.$