The equity section of Glory Company's balance sheet was as follows as of December 31,2022 , and December 31,2021 : Required: Based on the equity section for Glory Company, answer the following questions: When required round your answers to one decimal place. 1. Do you believe Glory Company made a profit during the year 2022 ? Assuming that only net income and dividends changed the Retained Earnings balance from 2021 to 2022 , by how much did net income exceed dividends? $ million $ million 3. Did the market value of Glory Company's securities that affect the equity section increase or decrease in 2022 ? By how much? $ 4. Glory Company ! make a profit in 2022. However, equity decreased due to foreign currency translation adjustments and the in the market value of debt and equity securities. The board of directors wise to fire management as a result of The equity section of Glory Company's balance sheet was as follows as of December 31,2022 , and December 31,2021 : Required: Based on the equity section for Glory Company, answer the following questions: When required round your answers to one decimal place. 1. Do you believe Glory Company made a profit during the year 2022 ? Assuming that only net income and dividends changed the Retained Earnings balance from 2021 to 2022 , by how much did net income exceed dividends? $ million $ million 3. Did the market value of Glory Company's securities that affect the equity section increase or decrease in 2022 ? By how much? $ 4. Glory Company ! make a profit in 2022. However, equity decreased due to foreign currency translation adjustments and the in the market value of debt and equity securities. The board of directors wise to fire management as a result of