Zen Aerospace Corporation reported the following equity account balances on December 31, 2022 In 2023, the company had the following transactions affecting shareholders and the shareholders' equity accounts: Jan. 1 Purchased and retired 3 , 000 common shares at $36 per share, 14 The directors declared an 128 share dividend distributable on February 5 to the January 30 fhareholders of record. The shares were trading at $46,60 per share. 30 Date of record regarding the 12% share dividend. Feb. 5 Date of distribution regarding the 126 share dividend. July 6 Sold 6,000 preferred shares at $70 per share. Sept. 5 The directors declared a total cash dividend of $48,009 payable on October 5 to the Septenber 20 shareholders of record. Oct. 5 The cash dividend declared on September 5 was paid. Dec. 31 closed the $475,600 credit balance in the Profit Summary account to Retained Earnings. 31 closed the dividend accounts. Required 1. Prepare journal entries to record the transactions and closings for 2023 (assume the retirements were the first ever recorded by Zen Aerospace). Assume share dividends and cash dividends account is used when dividends are declared. (If no entry is required for a tronsaction/event, select "No journal entry required" In the first account fleld.) Journal entry worksheet Note: Enter delits before credits. 2. Prepare the statement of changes in equity for the year ended December 31,2023 . (Amounts to be deducted should be indicate by a minus sign. Round the final answer to the nearest whole dollar.)