Listed below are the transactions that affected the shareholders equity of Branch Rickie Corporation during the period 2021-2023. At December 31, 2020, the corporation's accounts included Common stock, 120 million shares at 51 par Paldan capital-excess of par Retained earnings (5 in thousands) 5120,000 720,000 990.000 a. November 1 2021, the board of directors declared a cash dividend of $080 per share on its common shares payable to shareholders of record November 15, to be paid December b. On March 1 2022, the board of directors declared a property dividend consisting of corporate bonds of Warner Corporation that Branch Rickie was holding as an investment. The bonds had a fair value of $36 million, but were purchased two years previously for $3.2 million Because they were intended to be held to maturity, the bonds had not been previously written up The property dividend was payable to shareholders of record March 13. to be distributed April 5 c. On July 12, 2022. the corporation declared and distributed a 4% common stock dividend win the market value of the common stock was $19 per sharel Cash was paid in lieu of fractional shares representing 800.000 euraent wholeh d. On November 1, 2022, the board of directors declared a cash dividend of 30 80 per share on its common shares payable to shareholders of record November 15, to be paid December 1 e On January 15, 2023. the board of directors declared and distributed a 3 for 2 stock split effected in the form of a 50% stock dividend when the market value of the common stock was $20 per share f On November 1, 2023, the board of directors declared a cash dividend of $065 per share its common shares beyable to shareholders of record November 15, to be paid December 1 BRANCH-RICKIE CORPORATION Statement of Shareholders' Equity For the Years Ended Dec. 31, 2021 2022, and 2023 ($ in thousands) Common Stock Additional Paid-in Capital Retained Earnings Total Shareholders Equity Jan 1, 2021 Net income Cash dividends Dec 31, 2021 Property dividends Common stock dividend 0 0 Net income 0 0 0 0 Cash dividends Dec 31, 2022 3-for-2 split effected in the form of a stock dividend Net income Cash dividends Dec 31, 2023 $ 0 $ 0 $ 0 $ 0