please do this asap its easy and all of it since its one case study !!!

Zen Aerospace Corporation reported the following equity account balances on December 31, 2019 $ Preferred shares, $). cumulative, unlimited shares authorized Comon shares, unlimited shares authorized, 25,500 share used and outstanding Retained earnings 703.600 335,000 In 2020, the company had the following transactions affecting shareholders and the shareholders' equity accounts: Jan. 1 Purchased and retired 3,100 Comon shares at $36 per share. 14 The directors declared an x share dividend distributable on February 5 to the January 20 shareholders of record. The shares were trading at $46.78 per share. 30 Date of record regarding the share dividend Feb. 5 Date of distribution regarding the share dividend. July 6 Sold 6,100 preferred shares at 571 per share. Sept. 5 The directors declared total cash dividend of $48,010 payable on October 5 to the September 20 shareholders of record. Oct. The cash dividend declared on September 5 was paid. Dec. 31 Closed the $476,60 ceedit balance in the Profit Summary account to Retained Earnings 31 closed the dividend accounts Required 1. Prepare Journal entries to record the transactions and closings for 2020 (assume the retirements were the first ever recorded by Zen Aerospace). Assume share dividends and cash dividends account is used when dividends are declared (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) La Mesa Required 1. Prepare journal entries to record the transactions and closings for 2020 assume the recrements were the first ever recorded by Zen Aerospace Assume share dividends and cash dividends account is used when dividends are declared (if no entry is required for a transactionevent, select "No journal entry required in the first account field) Viewracion Journal entry worksheet 3 4 5 6 Record the retirement of shares Oate 01 Outlet Credit Record Clarantry View general Record entry Clen entry View general journal 2. Prepare the statement of changes in equity for the year ended December 31, 2020. (Alounts to be deducted should be indicated by a minus sign. Round the final answer to the nearest whole dollar.) ZEN AEROSPACE CORPORATION Statement of Changes in Equity For Year Ended December 31, 2020 Preferred Common Shares Shares Retained Enmings Totality Balance, January 1 Balance, December 31