Use a spreadsheet or table format to track the changes in all of the shareholders equity accourits over the two year period, (If an amount reduces the account balance then enter with negative sign, egg, 15,000 or in parenthesis, es, (15,0001. Current Attempt in Progress The Oriole Corporation was incorporated on January 2. 2023, with two classes of share capital: an unlimited number of common shares and $4 cumulative non voting preferred shares with an authorized limit of 100.000. During the first year of operations, the following transactions occurred: 1. The company issued 11,000 preferred shares fora total of $154,000 cash and 22,000 common shares for $24 per share. 2. It issued 5,800 common shares in exchange for a parcel of land with an estimated fair market value of $154.000. The company recorded sales of $1,250.000 and operating expense ot $1,017,000 during the year. No dividends were declared during the first year of operation. During the second year of operation (2024), the following transaction occurred: 3. In December, the company's board of directors declared cash dividends sufficient to pay a dividend of $6 on each common share. The dividends were payable on January 15, 2025. (Hint: remember that no dividends can be paid on the common shares until the dividends in arrears and the current dividends on the preferred shares are paid.) Throughout the second year of operation, the company recorded sales of $1,507,000 and operating expense of $1,319,000