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3 View Policies Current Attempt in Progress Presented below is information which relates to Wildhorse Company, a Canadian public corporation traded on the Toronto
3 View Policies Current Attempt in Progress Presented below is information which relates to Wildhorse Company, a Canadian public corporation traded on the Toronto Stock Exchange, for 2023 Net income Retained earnings January 1.2023 $422,000 800,000 Cash dividends declared on common shares 32,000 Correction of calculation error depreciation understatement in 2019 (pre-tax) 457,000 Gain on FV-OCI investments (net of tax) 208,000 Proceeds from issuance of Wildhorse common shares 65,000 Accumulated other comprehensive income. January 1, 2023 17,500 On January 1.2023, Wildhorse had 20,000 common shares outstanding with a capital balance of $500,000. During the year. Wildhorse Company issued an additional 2.000 common shares Prepare in good form a statement of shareholders equity for the year ended December 31, 2023. Wildhorse's income tax rate is 20% (Enter amounts that reduce account balances using either a negative sign preceding the number eg-25 or parentheses eg (25)) Wildhorse Company Statement of Shareholders' Equity -/16 Wildhorse Company Statement of Shareholders' Equity Common Shares Number Common Shares Wildhorse Company Statement of Shareholders' Equity Common Shares Retained Earnings Accumulated Other Comprehensive Income Total eTextbook and Media $
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