Crane Supply Corporation provided the following schedule detailing the changes in the shareholders' equity accounts during 2020 and 2021. 2021 2020 Number Number of Shares Amount of Shares Amount Common shares, unlimited authorized Balance, January 1 Issued shares for cash Reacquired shares 610,000 $732,000 610,000 $732,000 61,000 39,500 0 (31,000 ) (35,643 ) 0 640,000 735,857 610,000 732,000 Balance, December 31 Contributed surplus-reacquisition of common shares Balance, January 1 Reacquired common shares Balance, December 31 Retained earnings 18,500 18,500 9,800 0 28,300 18,500 Balance, January 1 219,000 232,000 Profit (loss) 27,500 23,500 Common dividends-Cash (25,500) (36,500 )