Zen Aerospace Corporation reported the following equity account balances on December 31, 2019: In 2020, the company had

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Zen Aerospace Corporation reported the following equity accountbalances on December 31, 2019:
In 2020, the company had the following transactions affectingshareholders and the shareholders’ equity accounts:
Required1. Prepare journal entries to record the transactionsand closings for 2020 (assume the retirements were the first everrecorded by Zen Aerospace). Assume share dividends and cashdividends account is used when dividends aredeclared. (If no entry is required for atransaction/event, select "No journal entry required" in the firstaccount field.)
2. Prepare the statement of changes in equityfor the year ended December 31, 2020. (Amounts to bededucted should be indicated by a minussign. Round the final answer to the nearestwhole dollar.)