The balance sheet for Jactex Controls inc, provincially incorporated in 2021, reported the following components of equity on December 31, 2022. In 2023 and 2024, the company had the following transactions affecting shareholders and the equity accounts: 2023 Jan. 1 5old 36,090 comnon shares at $11.24 per share. 5 The directors declared a total cath dividend of $237, eve payable on Feb. 28 to the Feb, 5 shareholders of record. Ohvidends had not been declared for the years 2021 and 2022: AlI of the preferred shaces had been issued daring 2021 . Feb. 24 Paid the dividends declared on January 5 . 3uly 1 Sold preferred shares for a total of $157,260. The average issue price was $20 per share. Bec. I1. Closed the dividend accounts alonis with the $577,400 credit balance in the lrcone 5 unary account, 2024 Sept: 5 the directors declared the required cash dividend on the preferred shares and a. 52:0 per comion share cash dividend payabIe on Actober 2 it to the Octeber 5 shareholders of record. oct. 28 Paid the dividends declared on Septenber 5 . Dee. 31 Closed the Casl Dividends account alone Nith the $543, be0 credit belance in the income Sutmary sccount. 2. Prepare a statement of changes in equity for the year ended December 31, 2024. (Amounts to be deducted should be indicoted by o minus sign.) 3. Prepate the equity section of the company's balance sheet as of December 3t, 2024