19.25721 The following shareholders' equity accounts are reported by Ivanhoe Inc. on January 1: Common shares (unlimited authorized, 139,500 issued) Preferred shares ($4 cumulative, convertible, 100,000 authorized, 4,300 issued) Contributed surplus-reacquisition of common shares Retained earnings $2,232,000 322,500 28,600 1,253,000 The following selected transactions occurred during the year: Feb. 11 Mar. 2 June 14 25 July Sept. 16 Issued 46,500 common shares at $20 per share. Reacquired 18.800 common shares at $22 per share. Split the common shares 2 for 1 when the common shares were trading at $30 per share. Reacquired 310 preferred shares at $70 per share. Reacquired 46,500 common shares for $17 per share. Declared a 5% common stock dividend distributable on December 13 to shareholders of record on November 24. The fair value of the common shares on October 27 was $19 per share. Distributed the stock dividend declared on October 27. The fair value of the common shares on December 13 was $21 per share Oct. 27 Dec 13 . 2 June 14 July 25 16 Sept. Oct. wwwmon shares at $20 per share. Reacquired 18,800 common shares at $22 per share. Split the common shares 2 for 1 when the common shares were trading at $30 per share. Reacquired 310 preferred shares at $70 per share. Reacquired 46,500 common shares for $17 per share. Declared a 5% common stock dividend distributable on December 13 to shareholders of record on November 24. The fair value of the common shares on October 27 was $19 per share. Distributed the stock dividend declared on October 27. The fair value of the common shares on December 13 was $21 per share. 27 Dec. 10 Your answer is partially correct. Show how each class of shares will be presented in the shareholders' equity section of the balance sheet at Dece Ivanhoe Inc. Partial Balance Sheet December 31 Shareholders' equity Share Capital Preferred Shares $ 299250 Common Shares 2684655