4. The shareholders equity section of the statement of financial position of Baker Ltd. At July 31, 2010 is as follows:

	2010	2009
General reserve	55,000	45,000
Revaluation reserve	85,000	70,000
Share Capital	$220,000	$175,000
Retained earnings	175,000	165,000
	$535,000	$455,000

Additional information:

Baker issued 18,000 shares at $2.50 each on June 30, 2010 for cash.

A transfer of $10,000 was made from retained earnings to the general reserve.

Comprehensive income for the year was $150,000, including a revaluation gain of $15,000 net of tax.

Dividends for the year comprised: Interim dividends of $55,000 and final dividends provided of $60,000.

Required: Prepare the statement of changes in equity of Baker Ltd. For the year ended July 31, 2010 in accordance with IAS 1.