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A corporation that follows IFRS, reported the following amounts in the shareholders' equity section: Preferred shares, $8 cumulative dividend (100 000 shared authorized, 50 000

A corporation that follows IFRS, reported the following amounts in the shareholders' equity section:

Preferred shares, $8 cumulative dividend (100 000 shared authorized, 50 000 shares issued) 30 000
Common shares ( 1 000 000 authorized, 250 000 issued). 100 000
Contributed surplus* 145 000
Retained earnings 1 900 000
Retained earnings total 2 175 000*

* THe contributed surplus arose from the excess of proceeds over cost on a previous cancellation. Assume that Net icome for 2020 was 0$. During 2020, the company had the 6 transactions that affecct shareholders equity

Show the December 31, 2020 shareholders' equity section (detailed calculations please).

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