Brief Exercise 15-18 Concord Corporation, a public company, reported the following balances at January 1, 2020: Common Shares (34,300 shares issued, unlimited authorized) $ 857,500 Retained Earnings 1,450,000 Contributed Surplus 144,000 Accumulated Other Comprehensive Income 30,800 During the year ended December 31, 2020, the following summary transactions occurred: Net income earned during the year Unrealized gain on fair value through other comprehensive income (FV-OCI) investments Reduction of contributed surplus during the year due to repurchase of common shares Reduction of common shares account balance during the year due to repurchase of 1,300 common shares Dividends declared during the year on common shares Issued 2,300 common shares during the year $ 308,000 23,000 15,000 32,500 60,000 115,000 Prepare a statement of changes in shareholders' equity for the year as required under IFRS. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CONCORD CORPORATION Statement of Changes in Shareholders' Equity Share Capital Number of Shares Legal Capital Other Contributed Capital Retained Earnings Accumulated Other Comprehensive Income Total Bal. Jan. 1, 2020 Issued common shares Repurchase of shares Declared dividends Comprehensive income: Net income Unrealized gain-OCI Bal. Dec. 31, 2020 Prepare the shareholders' equity section of the SFP at December 31. CONCORD CORPORATION Statement of Financial Position (Partial)