Listed below are the transactions that affected the shareholders' equity of Branch-Rickie Corporation during the period 20212023. At December 31,2020 , the corporation's accounts included: a. November 1, 2021, the board of directors declared a cash dividend of $0.50 per share on its common shares, payable to shareholders of record November 15 , to be pald December 1. b. On March 1.2022, the board of directors declared a property dividend consisting of corporate bonds of Warner Corporation that Branch-Rickie was holding as an investment. The bonds had a fair value of $1.5million, but were purchased two years previously for $1.4 million. Because they were intended to be held to maturity, the bonds had not been previously written up. The property dividend was payable to shareholders of record March 13 , to be distributed April 5. c. On July 12, 2022, the corporation declared and distributed a 4% common stock dividend (when the market value of the common stock was $19 per share). Cash was paid in lleu of fractional shares representing 80,000 equivalent whole shares. d. On November 1, 2022. the board of directors declared a cash dividend of $0.50 per share on its common shares, payable to shareholders of record November 15 , to be paid December 1 . e. On January 15, 2023, the board of directors declared and distributed a 3-for-2 stock split effected in the form of a 50% stock dividend when the market value of the common stock was $20 per share. f. On November 1, 2023, the board of directors declared a cash dividend of $0.35 per share on its common shares, payable to shareholders of record November 15 , to be paid December 1 . Required: 1. Prepare the journal entries that Branch-Rickie recorded during the three-year petlod for these transactions. 2. Prepare comparative statements of shareholders' equity for Branch-Rickle for the three-year period (\$ in 000s). Net income was $340 million, $405 million, and $465 million for 2021,2022 , and 2023 , respectively