Question: Please provide steps as to how you got the calculations and the numbers where you got from. Thanks, Also I already did the journal entries


Please provide steps as to how you got the calculations and the numbers where you got from. Thanks, Also I already did the journal entries I need help with note disclosure and equity sections of balance sheet.
The Data Group Inc. had the following balances in its equity accounts at December 31, 2019: Common shares, unlimited shares authorized; 310,000 shares issued and outstanding Retained earnings $8,990,000 570,000 During 2020, the following equity transactions occurred: Apr. 15 Repurchased and retired 11,200 common shares at $27.40 per share. May 1 Repurchased and retired 18,000 common shares at $30.60 per share. Nov. 1 The board of directors declared a 2:1 share split effective on this date. Required: 1. Prepare journal entries to account for the transactions during 2020 (assuming the retirements were the first ever recorded by The Data Group Inc.). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete and correct. No Date Debit Credit 1 Apr. 15 324,800 General Journal Common shares Contributed capital from retirement of common shares Cash 17,920 306,880 2 May 01 Common shares Contributed capital from retirement of common shares Retained earnings Cash 522,000 17,920 10,880 550.800 Nov. 01 No journal entry required Amount Date Apr. 15 May 01 Nov. 01 Note Disclosure Note disclosure not required Note disclosure not required Note disclosure required 2. Prepare the company's equity section on the December 31, 2020, balance sheet, assuming a loss for the year of $170,000. THE DATA GROUP INC. Equity Section of Balance Sheet December 31, 2020 Contributed capital: Common shares, unlimited shares authorized, 561,600 shares issued and outstanding Retained earnings Total equity $ 0
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