The December 31, 2023, equity section of ZoomZoom inc's baiance sheet appears below Required: All the shares were issued on January 1, 2021 (when the corporation began operations). No dividends had been deciared during the first two years of operations (2021 and 2022), During 2023, the cash dividends declared and paid totalled \$578,300. 1. Calculate the amount of cash dividends paid during 2023 to each of the three classes of shares. Required: All the shares were issued on January 1, 2021 (when the corporation began operations). No dividends had been de first two years of operations (2021 and 2022). During 2023, the cash dividends declared and paid totalled $578,30 1. Calculate the amount of cash dividends paid during 2023 to each of the three classes of shares. 2. Assuming profit earned during 2023 was $1,215,000, determine the December 31,2022 , balance in retained earnings 3. Prepare a statement of changes in equity for the year ended December 31,2023. (Amounts to be deducted should be indicated by a minus sign.)