Question: The equity section from the December 3 1 , 2 0 2 0 balance sheet of Kentucky Corporation appeared as follows: 2 0 2 1

The equity section from the December 31,2020 balance sheet of Kentucky Corporation appeared as follows:
20212020
Contributed capital:
Common shares, 52,500 shares authorized; 25,680 and 23,600 shares issued and outstanding, respectively. $ 716,900 $ 658,440
Retained earnings 473,600564,600
The following transactions occurred during 2021(assume the retirements were the first ever recorded by Kentucky):
Jan. 5 A $1.50 per share cash dividend was declared, How many shares were outstanding on each of the cash dividend dates?
2. How much profit did the company earn during 2021?
3. Prepare the statement of changes in equity for the year ended December 31,2021.(Deductible values should be indicated by a minus sign.)and the date of record was five days later.
Mar. 202,200 common shares were repurchased and retired at $27.90 per share.
Apr. 5 A $0.90 per share cash dividend was declared, and the date of record was five days later.
July 5 A $1.70 per share cash dividend was declared, and the date of record was five days later.
July 31 A 20.00% share dividend was declared when the market value was $28.00 per share.
Aug. 14 The share dividend was issued.
Oct. 5 A $1.70 per share cash dividend was declared, and the date of record was five days later.
Required:
1. How many shares were outstanding on each of the cash dividend dates?

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