Is this correct and can someone help me answer the blank spaces.

Mady Entertainment Inc. showed the following equity account balances on the December 31, 2019, balance sheet: Common shares, unlimited authorized shares, 510, eee shares issued and outstanding Retained earnings $3,570,000 2,780,000 During 2020, the following selected transactions occurred: Apr. 1 Repurchased and retired 142,000 common shares at $7.40 per share; this is the first retirement recorded by Mady. June 1 Declared a 2:1 share split to shareholders of record on June 12, distributable June 30. Dec. 1 Declared a 10% share dividend to shareholders of record on December 1e, distributable December 20. The market prices of the shares on December 1, December 10, and December 20 were $4.40, $4.16, and $4.30, respectively. 20 Distributed the share dividend declared December 1. 31 Closed the credit balance of $756,000 in the Income Summary account. Required: a. Journalize the transactions above (assuming the retirements were the first ever recorded by Mady Entertainment Inc.). The company does not use a share dividends account. (If no entry is required for a transaction/event, select "No Journal entry required in the first account field.) View transaction list View journal entry worksheet General Journal Credit No 1 Date April 01, 2020 Common shares Retained earnings Cash Debit 99,400 56,800 1,050,800 June 01, 2020 No journal entry required December 01, Retained earnings 2020 323,840 Common share dividends distributable 323,840 December 20, Common share dividends distributable 323,840 Common shares 323,840 December 31, 2020 Income summary 756,000 Retained earnings 756,000 Note Disclosure Amount Date April 01, 2020 June 01, 2020 December 01, 2020 December 20, 2020 December 31, 2020: Note disclosure not required Note disclosure required b. Prepare the equity section on the December 31, 2020, balance sheet. MADY ENTERTAINMENT INC. Equity Section of Balance Sheet December 31, 2020 Contributed capital: Common shares, unlimited shares authorized, 809.600 shares issued and outstanding Retained earnings $ 2,899,840 3,155,360 Total equity $ 6,055.200