On Decrember $31,2023.$ Sheridan Corporation a public compuny had the following shareholders' equilty accounts.

SHaN OAN CORPORSTION Balance Shaet $($partia$)$

Eeember $31,2023$

Shareholders' equity

Commonshares funlfinited rumber of shares authorited, $89\mathrm{.}000$ insued

Retained earnings

Total sthar cholders' eouity

$$1\mathrm{.}070\mathrm{.}000$

$550,000$

$$1,420,000$

During the yeat, the flollowing transactions ocoured.

Jan $15$ Declared a $$1$ per share cash divelend to shareteders of record on January $31,$ purable February is$.$ December $15.$ the market price of each shure man $$12$; on December $30,$ $$15$; and on Janoary $15,$ $$14.$

$(2)$

Oble Account Titles and Explanation

Debet

creeter