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The balance sheet for Tactex Controls Inc, provincially incorporated in 2021, reported the following components of equity on December 31, 2022 In 2023 and 2024, the company had the following transactions affecting shareholders and the equity accounts: 2023 Jant 1 sold 28,000 connon shares at $10.44 per shace. 5. The directors declared a tetal cash dividend of $229,0e9 payable on feb. 28 to the feb. 5 shareholders of record. Dlvidends had not been declared for the years 2021 and 2022. A.1. of the preferred shares had teen Issued durlng 2021. Feb. 23 Paid the diyldends declared on January 5. July 1 sold preferred shares for a total of $156,600. The average 1 sue prlce was 520 per share. Dec. 31 Closed the dividend sccounts along with the $576, 600 credit balance in the Incone sumary account, 2024 seot. 5 The directors declared the reaulred cash dividerd on the erefecred shares and a 51.2 ser In 2023 and 2024, the company had the following transactions affecting shareholders and the equity accounts: 2023 Jan. 1 Sold 28,000 common shares at $10.44 per share. 5 The directors declared a total cash dividend of $229,000 payable on Feb. 28 to the Feb. 5 shareholders of record. Dividends had not been declared for the years 2021 and 2022. Al1 of the preferred shares had been issued during 2021. Feb. 28 Paid the diyidends declared on January 5. July 1 Sold preferred shares for a total of $156,600. The average issue price was $20 per share. Dec. 31 closed the dividend accounts along with the $576,600 credit balance in the Income Summary account. 2024 Sept. 5 The directors declared the required cash dividend on the preferred shares and a $1.2 per common share cash dividend payable on October 28 to the octobec 5 shareholders of record. Oet. 28 Paid the dividends declared on september 5 . Dec. 31 closed the Cash Dividends account along with the $543,600 credit balance in the Income suminary account. 3. Prepare the equity section of the company's balance sheet as of December 31,2024