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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

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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) Ian. 5. A 51.60 per share cash dividend was declared, and the date of record was. five days later. Mar. 20 2, 000 common shares were repurchased and retired at $29,40 per share. Apr. S A \$1.00 per share cash dividend was declared, and the date of record was five days later. July 5 A $1.60 per share cash dividend was declared, and the date of record was five days later. July 31 A 20.00k shere dividend was declared when the market value was 535 . 00 per shace. Aug. 14 The share dividend was issued. Oct. 5 A $1.80 per share cosh dividend was declared, and the date of record was flve days later; Required: 1. How mony shares were outstanding on each of the cash dividend dotes? 2. How much profit did the compony eorn during 2021 ? 3. Prepare the statement of changes in equity for the year ended December 31,2021 . (Deductible values should be indicated by a minus sign.)

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