The balance sheet for Tactex Controls Inc., provincially incorporated in 2021, reported the following components of equity on December 31, 2022. Tactex Controls Inc. Equity Section of the Balance Sheet December 31, 2022 Contributed capital: Preferred shares, $1.5 cumulative, unlimited shares authorized; 14,000 shares issued and outstanding $ 386,000 Common shares, unlimited shares authorized; 69,000 shares issued and outstanding 729,000 Total contributed capital $ 1,115,000 Retained earnings 372,000 Total equity $ 1,487,000 In 2023 and 2024, the company had the following transactions affecting shareholders and the equity accounts: 2023 Jan. 1 Sold 24,000 common shares at $10.04 per share. 5 The directors declared a total cash d