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Comparative statements of shareholders' equity for Anaconda International Corporation were reported as follows for the fiscal years ending December 31, 2018, 2019, and 2020. Retained

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Comparative statements of shareholders' equity for Anaconda International Corporation were reported as follows for the fiscal years ending December 31, 2018, 2019, and 2020. Retained Earnings 1,882 30 (3) (18) ANACONDA INTERNATIONAL CORPORATION Statements of Shareholders' Equity For the Years Ended Dec. 31, 2018, 2019, and 2020 ($ in millions) Preferred Common Additional Stock Stock Paid-In $10 par $1 par Capital Balance at January 1, 2018 70 490 Sale of preferred shares 930 Sale of common shares 56 Cash dividend, preferred Cash dividend, common Net income Balance at December 31, 2018 1,476 Retirement of shares (21) Cash dividend, preferred Cash dividend, common 3-for-2 split effected in the form of a dividend (15) Net income Balance at December 31, 2019 1,440 Common stock dividend 40 Cash dividend, preferred Cash dividend, common Net income Balance at December 31, 2020 80 1,480 Total Shareholders' Equity 2,442 960 64 (3) (18) 350 3,795 (46) (3) (3) 350 2,211 (22) (3) (22) (22) 500 4,224 500 2,664 (45) (3) (24) 542 3,134 (3) (24) 542 4,739 453 0 45 1,450 Prepare the shareholders' equity section of Anaconda's comparative balance sheets at December 31, 2020 and 2019. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.) ANACONDA INTERNATIONAL CORPORATION Balance Sheets (Partial) at December 31 2020 2019 Shareholders' Equity: Total shareholders' equity 0 $ 0

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