At December 31, 2020, Thucydides Corporation reported the following on its comparative balance sheet, which included 2019 amounts for comparison: B (Click the icon to view the comparative balance sheet.) Required 1. How much did Thucydides Corporation's total contributed capital increase during 2020? What caused total contributed capital to increase? How can you tell? 2. Assuming no dividends were declared during 2020, did Thucydides Corporation have a profit or a loss for 2020? How can you tell? Requirement 1. How much did Thucydides Corporation's total contributed capital increase during 2020? What caused total contributed capital to increase? How can you tell? Total contributed capital increased $. The increase was due to the shown by the and by the Comparative balance sheet - X December 31, 2020 2019 Common shares Authorized: 10,000 shares Issued: 4,100 shares in 2020 $ 3,440 shares in 2019 89,000 $ 73,000 46,400 Retained earnings 50,500 Enter your answer in the answer box and then click Check Answer. Print