2 Alport Limited is a privately owned large company that is successfully engaged in the extraction of bauxite and alumina and has been preparing to offer its share on the Jamaica Stock Exchange soon. The CEO has asked you to prepare a Statement of Changes of Equity to be included in the Prospectus. Details are as follows: Composition of the shareholders ' equity as at July 1,2017 is as follows: Ordinary shares (20M authorized) 15M issued quad$150M Share premium $20M Capital reserves $30M Retained earnings quad$90M Revaluation surplus $15M On August 31,2018 , the company declared and issued 1:10 bonus shares. The price per share at that date was $10 each. On September 1,2018, the company issued 1,000,000 new