Listed below are the transactions that affected the shareholders' equlty of Branch$-$Rickle Corporation during the perlod $2024-2026.$ At

December $31,2023,$ the corporatlon's accounts included:

Conion stock, $101$ million shares at $$1$ par

Paid$-$in capital$-$excess of par

Retained earnings

a$.$ November $1,2024,$ the board of directors declared a cash dividend of $$0\mathrm{.}60$ per share on its common shares, payable to

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

b$.$ On March $1,2025,$ the board of directors declared a property dividend consisting of corporate bonds of Warner Corporation that

Branch$-$Rickle was holdling as an Investment. The bonds had a falr value of $$1\mathrm{.}4$million, but were purchased two years prevously

for $$1\mathrm{.}2$ million. Because they were intended to be held to maturlty, the bonds had not been prevlously written up$.$ The property

dlvidend was payable to shareholders of record March $13,$ to be distributed Aprll $5.$

c$.$ On July $122025,$ the corporation declared and distributed a $6\%$ common stock dividend $($when the market value of the common

stock was $$18$ per share$).$ Cash was pald in lieu of fractional shares representing $60,000$ equlvalent whole shares.

d$.$ On November $1,2025,$ the board of directors declared a cash dividend of $$0\mathrm{.}60$ per share on its common shares, payable to

shareholders of record November $15,$ to be pald 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

dlvidend when the market value of the common stock was $$19$ per share.

f$.$ On November $1,2026,$ the board of directors declared a cash dividend of $$0\mathrm{.}45$ per share on its common shares, payable to

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

Required:

Prepare the journal entrles that Branch$-$Rickle recorded during the three$-$year perlod for these transactions.

$2$ Prepare comparative statements of shareholders" equity for Branch$-$Rickle for the three$-$year perlod $($ $ in $000$s$).$ Net income was

$$335$ million, $$400$ million, and $$460$ million for $2024,2025,$ and $2026,$ respectively.