Refer to the data given in BE11-11 for Canning Corporation. Canning had an unlimited number of no par value common shares authorized. Prepare the shareholders' equity section of its statement of financial position at December 31, 2012.

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CANNING CORPORATION Statement of Changes in Equity Year Ended December 31, 2012 Common Shares Accumulated Other Additional Number Lega Contributed Retained Comprehensive of Shares Capital CapitalEarnings ncme Total Bal., Jan. 1 Issued common shares Declared and issued stock dividend Reacquired and retired common shares Declared dividends Comprehensive income 500,000 $1,500,000 $500,000 $3,000,000 $100,000 $5,100,000 440,000 40,000 10,000 110,000 [1 (74,600) s13] (200,000) (135,000) (135,000) Profit Other comprehensive income 750,000 [61 25,000 Bal., Dec. 31 00 $I4 $3,505,000 $125,000 $5,980,000