The following information relates to McCauley plc:

● Issued ordinary share capital: 500,000 50p shares

● Issued preference share capital: 50,000 6% £1 shares.

Profits for the year were £18,543 and retained earnings from the previous year’s statement of financial position were £42,343. Dividends of 2p per share were paid and the preference dividend was paid in full.

Construct the statement of changes in equity.