Problem $18-5($Static$)$ Shareholders$$ equity transactions; statement of shareholders$$ equity; financial statement effects $[$LO$18-6,18-7,18-8]$ Listed below are the transactions that affected the shareholders$$ equity of Branch$-$Rickie Corporation during the period $20242026.$ At December $31,2023,$ the corporation$$s accounts included: $($$ in thousands$)$Common stock, $105$ million shares at $$1$ par$ $105,000$Paid$-$in capital$$excess of par$630,000$Retained earnings$970,000$ November $1,2024,$ the board of directors declared a cash dividend of $$0\mathrm{.}80$ per share on its common shares, payable to shareholders of record November $15,$ to be paid December $1.$ On March $1,2025,$ 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 $$1\mathrm{.}6$ million, but were purchased two years previously for $$1\mathrm{.}3$ 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 $5.$ On July $12,2025,$ the corporation declared and distributed a $5\%$ common stock dividend $($when the market value of the common stock was $$21$ per share$).$ Cash was paid in lieu of fractional shares representing $250,000$ equivalent whole shares. On November $1,2025,$ the board of directors declared a cash dividend of $$0\mathrm{.}80$ per share on its common shares, payable to shareholders of record November $15,$ to be paid December $1.$ On January $15,2026,$ 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 $$22$ per share. Use the Paid$-$in capital$-$excess of par account when recording the entry instead of Retained earnings. On November $1,2026,$ the board of directors declared a cash dividend of $$0\mathrm{.}65$ per share on its common shares, payable to shareholders of record November $15,$ to be paid December $1.$ Required: Prepare the journal entries that Branch$-$Rickie recorded during the three$-$year period for these transactions. Prepare comparative statements of shareholders$$ equity for Branch$-$Rickie for the three$-$year period $($$ in $000$s$).$ Net income was $$330$ million, $$395$ million, and $$455$ million for $2024,2025,$ and $2026,$ respectively.