On saruary 1, 2024, Cata Vista L 1 d, had the following shareholders' equity acrounts: The company was also authorized to issue an unlimited number of $4 noncumulative preferred shares. As at January 1,2024 , none had been issued. During 2024, the corporation had the following transactions and events related to its shareholders' equify: lan. 2 lssued 111,000 preferred shares for $50 per share. Mar. 31 Paid quarterly dividend to preferred shareholders. June 30 Paid quarterly dividend to preferred sharcholders. Aug 12. Issued 108,000 common shares for $1.70 per share. Sept. 30 Paid quarterly dividend to preferred shareholders. Dec 31 Paid quarterly dividend to preferred shareholders and a $0.25 per share dividend to the common shareholders. Dec 31 Loss for the year was $104,000. Preicrred Shares Date fogulanation lect. De-lait Badaruen Common Shares Aus. 12 11 Cash Dividends-Preferred Date Explanation Rel. Debalt. Credit Bulancet Mar, 31. J1 lune 30 11 Sept. 30 11 Dec. 31 J1 sent. 30 Dex. 3t 11 Der: 31 Closing entry Cash Dividends Common Dec. II Closing entry J1 Retained Earnings Dee 31 Closing entry Dec. 31 Closing entry I1