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The balance sheet for Tactex Controls inc. provincially incorporated in 2021, reported the following components of equity on December 31,2022 In 2023 and 2024 ,

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The balance sheet for Tactex Controls inc. provincially incorporated in 2021, reported the following components of equity on December 31,2022 In 2023 and 2024 , the compary had the following transactions affecting shareholders and the equaly accounts 2023. I 5old 40,009 comon shares at $11. 64 per share. 5 The Hirectors declared a total cash dividend of 3741,000 payable on feth. 2s to the leb. 5 . shareholders of recerd. Dividends had not been dectored for the years 2uz3 and 2002, A11 of the preferred shares bad been is iwed during zoz1. Feb. 23 Pald the dividends declared on Januacy 5. Buky 1 sold perferred-sharns for a total of 535, bop. The average iscue price was 520 per ahare. Dec. a1 closed the dividend accounts along with the 5577,800 credit halance in the intons sumnary account. 5ept. is the Airectars declared the required cash dividend on the preferred shares and a fr. 4 per comese share caih dividend parable on october 20 to the october 5 shareholdees of recere. Oct. 211 Pald the diyidendi declared en Septeeber 5 . Oec. 31 Cloted the Cash Dividends account along with the \$544,z00 credit balance in the Ineias Requlredt Journal entry worksheet 2. Prepare a statement of changes in equity for the year ended December 31.2024. A Arsount 10 be deducted should be indicated by a minus sign.) 3. Prepare the equity section of the company's balance sheet as of December 31,2024

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