$$ The equity section from the December $31,2020$ balance sheet of Kentucky Corporation appeared as follows:

$20212020$

Contributed capital:

Common shares, $51,600$ shares authorized; $25,440$ and $23,100$ shares issued and outstanding, respectively. $ $631,760$ $ $512,820$

Retained earnings $548,300615,500$

The following transactions occurred during $2021($assume the retirements were the first ever recorded by Kentucky$)$:

Jan. $5$ A $$1\mathrm{.}50$ per share cash dividend was declared, and the date of record was five days later.

Mar. $201,900$ common shares were repurchased and retired at $$22\mathrm{.}20$ per share.

Apr. $5$ A $$1\mathrm{.}00$ per share cash dividend was declared, and the date of record was five days later.

July $5$ A $$1\mathrm{.}90$ per share cash dividend was declared, and the date of record was five days later.

July $31$ A $20\mathrm{.}00\%$ share dividend was declared when the market value was $$38\mathrm{.}00$ per share.

Aug. $14$ The share dividend was issued.

Oct. $5$ A $$1\mathrm{.}90$ per share cash dividend was declared, and the date of record was five days later.

Required:

$1.$ How many shares were outstanding on each of the cash dividend dates?

$2.$ How much profit did the company earn during $2021?$

$3.$ Prepare the statement of changes in equity for the year ended December $31,2021$: