Bridgeport Limited reported the following for $2023$: sales revenue, $$926,000$; cost of sales, $$752,000$; operating expenses, $$102,600$; and unrealized gain on FV$-$OCI investments, $$61,200.$ The company had January $1,2023$ balances as follows: common shares, $$400,000$; accumulated other comprehensive income, $$300,000$; and retained earnings, $$926,000.$ The company did not issue any shares during $2023.$ On December $15,2023,$ the board of directors declared a $$310,000$ dividend payable on January $31,2024.$

Prepare a statement of changes in equity. Ignore income tax.Bridgeport Limited

Statement of Changes in Shareholders' Equity

For the Year Ended December $31,2023$

Beginning Balance

$$,400000$

Accumulated Other

Common Shares

Comprehensive Income:

Net Income $/($Loss$)$

Other Comprehensive Income

Dividends

Ending Balance

Retained Earnings

Comprehensive Income

$$,300000$