Listed below are the transactions that affected the shareholders' equity of Branch$-$Rickie Corporation during the period $2024-$

At December $31,2023,$ the corporation's accounts included:Paid$-$in capital$-$excess of par

Retained earnings

$($$ in thousands$)678,000$

a$.$ November $1,2024,$ the board of directors declared a cash dividend of $$0\mathrm{.}50$ per share on its common shares, payable to

shareholders of record November $15,$ to be paid December $1.$

b$.$ On March $1,2025,$ 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 $$2\mathrm{.}9$ million, but were purchased two years

previously for $$2\mathrm{.}5$ 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 $12,2025,$ the corporation declared and distributed a $4\%$ common stock dividend $($when the market value of the

common stock was $$21$ per share$).$ Cash was paid in lieu of fractional shares representing $520,000$ equivalent whole shares.

d$.$ On November $1,2025,$ the board of directors declared a cash dividend of $$0\mathrm{.}50$ per share on its common shares, payable

to shareholders of record November $15,$ to be paid December $1.$

e$.$ On January $15,2026,$ 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 $$22$ per share.

f$.$ On November $1,2026,$ the board of directors declared a cash dividend of $$0\mathrm{.}35$ per share on its common shares, payable to

shareholders of record November $15,$ to be paid December $1.$Required:

Prepare the journal entries that Branch$-$Rickie recorded during the three$-$year period for these transactions.

Prepare comparative statements of shareholders' equity for Branch$-$Rickie for the three$-$year period $($ $ in $000$ s$).$ Net income

was $$395$ million, $$460$ million, and $$520$ million for $2024,2025,$ and $2026,$ respectively.