Pharoah Shop Ltd, is a mid-sized public company that had been in operation for many years. On December 31,2023 , it had an unlimited number of common shares authorized and 5.2 million shares issued at an average value of 529 per share. As well, there were 5.0 milhon preferred shares authorized, with 250,000 of them issued at $19 per share. The balance in retained earninga was \$26,690.000. The balance in accumulated other comprehensive income was $532,000. The preferred shares pay an annual dividend of $2 per share. During 2024, the following transactions affected shareholders' equity: 1. In total, 200.000 new common shares were issued at $34 per share. 2. The preferred dividend for the year was decled and paid. 3. A 10% common stock dividend was declared when the market price was $33 per share. The shares were distributed one month after the declaration. 4. In early December 2024, a dividend of $1.60 per share was declared on the common shares. The date of record wat December 15,2024 . The dividend was to be paid the followin year. 5. The company earned net income of $14,960,000 and had an other camprehensive loss of $135,000. 6. On December 31, 2024, the company declared a two for-one stock split on common shares. the account bolance then enter whimilar transactions, such as dividends, will be grouped into one linel iof an amount reduces ince then enter with negative sign, es. - 15,000 or in parenthesis, ex. (15,000).). Phareah Shop Ltd. atement of Changes in Shareholders' Equity 5hop Lta. a shareholders' Equity Cash dlvidends Stock dlvidend - coenmon thaves Net incorne Other comprehenshe loss Stock spit on common shares Dec 31.2024 eTextbook and Media