Pharoah Holdings Inc. has authorized share capital of an unlimited number of common shares and $1,000,000$ $$3-$cumulative prefe shares. At January $1,2024,$ the balances in its share capital accounts were $$46,400$ in common shares representing $17,900$ shares $$28,500$ in preferred shares representing $1,000$ shares. The company had a balance of $$56,900$ in contributed surplus from previc years' repurchases of common shares. The retained earnings balance on that date was $$193,000$ and accumulated other comprehensive income was $$66,100.$ Profit for the year ended December $31,2024,$ was $$23,600$ and other comprehensive income items for the year were $$5,300.$ There were no dividends in arrears at January $1,2024,$ and no dividends were declared during $2024.$March$1.$ Issued $4,900$ common shares for $$5$ each.

June $30$ Issued $800$ preferred shares for $$11$ each.

Sept$1$ Issued $64,000$ common shares in exchange for land valued at $$265,600.$

Dec$1$ Reacquired $58,900$ cormon shares for $$4\mathrm{.}80$ each. journalize the share entries. prepare the equity section of pharoah's balance sheet at dec $31,2024$