The shareholders' equity of Oreo CorpCorporation as of December 31, 2022, follows: Preferred shares, $3, noncumulative 8,000 shares authorized, 3,000 shares issued Common shares, unlimited shares authorized, 80,000 shares issued Total contributed capital Retained earnings Total shareholders' equity $157,500 1.000.000 $1,157,500 405.800 $1.563.300 Oreo Corporation completed the following transactions during 2023: Mar. 5 26 May 2 Tul. 5 Dec. 31 Declared the required annual cash dividend on preferred shares and a $0.40 per share cash dividend on the common shares. Paid the cash dividend that was declared on March 5. Purchased 3,000 of its own common shares for $17.50 per share. Distributed a 2-for-1 stock split on the common shares. Closed out the income summary account with a credit balance of $287,000. Prepare the shareholders' equity section of the balance sheet of Oreo Corporation as of December 31, 2023. Do not prepare journal entries for the above transactions.