At December 31, 2016, Ocean Water Mall Inc. reported shareholders' equity as follows. - (Click the icon to view the shareholders' equity report.) During 2017, Ocean Water Mall completed the following transactions (listed in chronological order) - (Click the icon to view the transactions.) Requirement Prepare Ocean Water Mall's statement of changes in shareholders' equity for 2017 Prepare Ocean Water Mall's statement of changes in shareholders' equity for 201 Complete all answer boxes in the Total column.) n the statement of changes, leave the box empty; do not enter a zero. i Shareholders' Equity report Common shares, 500,000 shares authorized, 250.000 shares issued ............ ..................... Retained earnings $ Ocean Water Mall Inc. Statement of Changes in Shareholders' Equity For the Year Ended December 31, 2017 Common Retained Shares Earnings Total Balance Dec 31, 2016 Stock dividend lasuance of common shares 700.000 650.000 1,350.000 $ Print Done Net income i Transactions Cash dividers Balance Dec. 31, 2017 a. Declared and issued a 6% stock dividend on the outstanding shares. At the time, Ocean Water Mall shares were quoted at a market price of $10 per share. b. Issued 15,000 common shares at the price of $15 per share. c. Net income for the year, $360,000 d. Declared cash dividends of $120,000. Enter any number in the edit fields and then continue to the next question Print Done