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At December 31, 2019, Mountain Air Mall Inc reported shareholders' equily as follows (Click the icon to view the shareholders' equity report.) During 2020, Mountain

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At December 31, 2019, Mountain Air Mall Inc reported shareholders' equily as follows (Click the icon to view the shareholders' equity report.) During 2020, Mountain Air Mall completed the following transactions (listed in chronological order) (Click the icon to view the transactions.) Requirement Prepare Mountain Air Mall's statement of changes in shareholders equity for 2020 Prepare Mountain Air Mall's statement of changes in shareholders' equity for 2020 (Use parentheses or a minus sign for numbers to be subtracted. If a bo do not enter a zero. Complete all answer boxes in the Total column.) Mountain Air Mall inc. Statement of Changes in Shareholders' Equity For the Year Ended December 31, 2020 Common Retained Shares Earnings Balance Dec 31, 2019 Stock dividend Total Enter any number in the edit fields and then continue to the next question Quan Vene Shareholders' Equity report -X Mall eho Common shares, 500,000 shares authorized, 400,000 shares issued dete 1,040,000 690,000 sad Retained earnings $ 1,730,000 at of at off ns Transactions o be subtracted. If a box is not used i Ma Sh Dece share a. Declared and issued a 5 percent stock dividend on the outstanding shares. At the time, Mountain Air Mall shares were quoted at a market price of S9 per b. Issued 30,000 common shares at the price of $14 per share. c. Net income for the year. $380,000 d. Declared cash dividends of $200,000 son es Print Done s and At December 31, 2019, Mountain Air Mall Inc, reported shareholders' equity as follows. (Click the icon to view the shareholders' equity report.) During 2020, Mountain Air Mall completed the following transactions (listed in chronological order) (Click the icon to view the transactions.) Requirement Prepare Mountain Air Mall's statement of changes in shareholders' equity for 2020. Common Retained Shares Earnings Total Balance Dec 31, 2019 Stock dividend Issuance of common shares Net income Cash dividends Balance Dec 31, 2020

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