On January $1,2024,$ Oriole Ltd$.$ had the following shareholders' equity accounts:

Common shares $(1,040,000$ issued$)$ $$1,560,000$

Retained earnings $1,872,000$

The company was also authorized to issue an unlimited number of $$4$ noncumulative preferred shares. As at January $1,2024,$ none had been issued. During $2024,$ the corporation had the following transactions and events related to its shareholders' equity:

Jan. $2$ Issued $104,000$ preferred shares for $$50$ per share.

Mar $31$ Paid quarterly dividend to preferred shareholders.

June $30$ Paid quarterly dividend to preferred shareholders.

Aug. $12$ Issued $94,000$ common shares for $$1\mathrm{.}70$ per share.

Sept $30$ Paid quarterly dividend to preferred shareholders.

Dec $31$ Paid quarterly dividend to preferred shareholders and a $$0\mathrm{.}25$ per shere dividend to the common shereholders.

Dec $31$ Loss for the year was $$100,500.$

A$)$ Journalize the transactions and the entries to close dividends and the Income Summary account.

B$)$ Open general ledger accounts for the shareholders equity accounts, enter the beginning balances and post entries from the previous parts

C$)$ Prepare the shareholders equity section of the balance sheet at December $31,2024,$ including any required disclosure. assume Oriole is reporting on under ASPE