Required$1.$ Record the transactions in the general journal.

January$14$ Declared a $$$$90,000$ cash$$ dividend, payable on March $1$ to the shareholders of record on February $1.$ Indicate the amount payable to each class of shareholder.

February$28$ Issued $16$ comma $000$ common shares for $$$$6\mathrm{.}00$ per share.

March $1$ Paid the cash dividend declared on January $14.$

April $1$ Declared a $20$ percent share dividend on the common$$ shares, distributable on May $2$ to the shareholders of record on April $15.$ The market value of the shares was $$$$6\mathrm{.}40$ per share.

May $2$ Distributed the share dividend declared on April $1.$

July $4$ Repurchased $4$ comma $200$ of the$$ company's own common shares at $$$$6\mathrm{.}75$ per share.

September $2$ Issued $3$ comma $200$ common shares for $$$$7\mathrm{.}25$ per share.

November $2$ Split the common shares $2$ for $1.$

December $31$ Reported net income of $$$$190$ comma $000.$ Closed the Income Summary account.

Required $2.$ Prepare the statement of$$ shareholders' equity for the year ended December$31,2023.$