The Data Group Inc. had the following balances in its equity accounts at December $31,2019$: The Data Group Inc. had the following balances in its equity accounts at December $31,2019$: During $2020,$ the following equity transactions occurred: Apr. $15$ Repurchased and retired $8,600$ common shares at $\backslash (\backslash$$ $14\mathrm{.}40\backslash )$ per share. May $1$ Repurchased and retired $15,000$ common shares at $\backslash (\backslash$$ $17,60\backslash )$ per share. Nov. $1$ The board of directors declared a $\backslash (2$: $1\backslash )$ 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 recorded by The Data Group Inc.$).($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$ Journal entry worksheet Record the purchased and retired $8,600$ shares below cost. Note: Enter debits before credits. $/$r$/$n $2.$ Prepare the company's equity section on the December $31,2020,$ balance sheet, assuming a loss for the year of $\backslash (\backslash$$ $144,000\backslash ).$