Nortel international showed the following equity account balances on January $1,2020$ common shares unlimited shares authorized $10,000$ issued and outstanding $950,000$ preferred shares two dollars unlimited authorized $5000$ issued $300,000$ and outstanding retained earnings $500,000$ total shareholders equity $$1,750,000$ additional information AA $10\%$ common stock dividend was declared the market price of the shares is $$10$ shared dividends declared in Paray were issued to shareholders of record cash dividends in the amount of $$100,000$ were declared cash dividends in part were paid profit for $2020$ was $$300,000$ required a $9\%$ prepare journal entries for the dividends and profit for $2023\%$ prepare a statement of changes in shareholders equity for Norte international for January one to December $31,2020$