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: 3an. 1 Purchased and retired 2,800 connon shares at $36 per share. 14 The directors declared an 10% share dividend distributable on february 5 to the january 30 sharcholders of record. The shares were trading at $46,40 per share. 30 Date of record regarding the 10% share dividend. Feb. 5 Date of distribution regarding the 10% share dividend. July 6 sold 5,800 preferred shares at $68 per share. Sept. 5 . The directors declared a total cash dividend of $48,007 payable on october 5 to the 5 epteaber 20 shareholders of record. oct. 5 The cash dividend declared on september 5 was paid. Dec. 31 closed the $473,600 credit balance in the profit sunary 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 transaction/event, select "No journal entry required" in the first account field.) 2. Prepare the statement of changes in equity for the year ended December 31, 2023. (Amounts to be deducted should be in by a minus sign. Round the final answer to the nearest whole dollar.)