Saved The Data Group Inc. had the following balances in its equity accounts at December 31, 2019: Common shares, unlimited shares authorized 220,000 shares issued and outstanding Retained earnings $4,400,000 480,000 During 2020, the following equity transactions occurred: Apr. 15 Repurchased and retired 9,400 common shares at $18.40 per share. May 1 Repurchased and retired 19,000 common shares at $21.60 per share. Nov. 1 The board of directors declared a 2:1 share split effective on this date. Required: 1. Prepare journal entries to account for the transactions during 2020 (assuming the retirements were the first ever Data Group Inc.). (If no entry is required for a transaction/event, select "No journal entry required in the first acc View transaction list Journal entry worksheet 1 2 3 View transaction list Journal entry worksheet Record the purchased and retired 9,400 shares below cost. Note: Enter debits before credits. Date General Journal Debit Credit Journal entry worksheet 2 Record the purchased and retired 19,000 shares above cost. Note: Enter debits before credits. Date General Journal Debit Credit VINSleet Record the declaration by the directors of a 2:1 share split effective on this date. Note: Enter debits before credits. Date General Journal Debit Credit 2. Prepare the company's equity section on the December 31, 2020, balance sheet, assuming a loss for the year of $152,000. THE DATA GROUP INC. Equity Section of Balance Sheet December 31, 2020 Contributed capital: Total equity