The equity section from the December 31, 2020 balance sheet of Kentucky Corporation appeared as follows: The following transactions occurred during 2021 (assume the retirements were the first ever recorded by Kentucky): Jan. 5 A \$1.40 per share cash dividend was declared, and the date of record was five days 1ater. Mar. 201,500 common shares were repurchased and retired at $20.30 per share. Apr. 5 A $1.00 per share cash dividend was declared, and the date of record was five days 1 ater. July 5 A $2.40 per share cash dividend was declared, and the date of record was five days later. July 31 A 20,00% share dividend was declared when the market value was $38.00 per share, Aup. 14 The share dividend was issued. oct. 5 A $1.90 per share cash dividend was declared, and the date of record was five days later. Required