Sheridan Shop Ltd. is a mid-sized public company that had been in operation for many years. On December 31, 2023, it hed an unlimited number of common shares authorized and 5.1 million shares issued at an average value of $29 per share. As well, there were 4.9 million preferred shares authorized, with 245,000 of them issued at $19 per share. The balance in retained earnings was $26.680,000. The balance in accumulated other comprehensive income was $539.000. The preferred shares pay an annual dividend of $2 per share. During 2024, the following transactions affected shareholders' equity: 1 In total, 240,000 new common shares were issued at $34 per share. 2. The preferred dividend for the year was declared and paid. 3. 4. A 10% common stock dividend was declared when the market price was $33 per share. The shares were distributed one month after the declaration. In early December 2024, a dividend of $1.50 per share was declared on the common shares. The date of record was December 15, 2024. The dividend was to be paid the following year. 5. The company earned net income of $14.910,000 and had an other comprehensive loss of $170,000, 6 On December 31, 2024, the company declared a two-for one stock split on common shares. reholders' Equity er 31, 2024 Preferred Retained shares earnings Accumulated other comprehensive income Total Dec. 31, 2023 Common shares Issued Cash dividends Stock dividend-common shares Net income Other comprehensive loss Stock split on common shares i Dec. 31,2024 Number of common shares Common shares Year Ended Dec Number of preferred shares he statement of changes in shareholders' equity for 2024. (Hint: the statement of changes in sharehol Che table from part (a) but similar transactions, such as dividends, will be grouped into one line.) (If an i lance then enter with negative sign, eg.-15,000 or in parenthesis, e.g. (15,000).) On shares Sheridan Shop Ltd. Statement of Changes in Shareholders' Equity Year Ended December 31, 2024 Nu December 31, 2024 pr Month Ended December 31, 2024 red Year Ended December 31, 2024 Retai earn $