Brubacher Corporation's post-closing trial balance at December 31, 2017 was as follows:

At December 31, 2017, Brubacher had the following numbers for its common and preferred shares:

The dividends on preferred shares are $5 cumulative. In addition, the preferred shares have a preference in liquidation of $50 per share.
Instructions
Prepare the shareholders' equity section of Brubacher's statement of financial position at December 31, 2017. The company follows IFRS.

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BRUBACHER LIMITED Post-Closing Trial Balance December 31, 2017 Dr Cr Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated other comprehensive income Allowance for doubtful accounts Bonds payable Buildings Cash Common shares Contributed surplus-common Dividends payable on preferred shares Inventories FV-NI investments Land Preferred shares Prepaid expenses Retained earnings Treasury shares (10,000 common shares) Totals $ 310,000 $480,000 185,000 100,000 30,000 300,000 1,450,000 190,000 200,000 1,460,000 4,000 360,000 200,000 400,000 500,000 201,000 $3,290,000 $3,290,000 40,000 170,000 Common 600,000 200,000 190,000 Preferred Authorized Issued Outstanding 60,000 10,000 10,000