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csn you help ? please hol Up Exercise 13-18 Statement of changes in equity L05 CHECK FIGURE: a. Total equity = $1,053,600 Ice Industries Inc.

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hol Up Exercise 13-18 Statement of changes in equity L05 CHECK FIGURE: a. Total equity = $1,053,600 Ice Industries Inc. showed the following equity account balances at December 31, 2019: Common shares, unlimited shares authorized, 70,000 shares issued and outstanding... Retained earnings........... $816,000 112.800 o The company issued long-term debt during 2020 that requires a retained earnings restriction of s Share dividends declared but not distributed during 2020 totalled 7,000 shares capitalized for a total of $84,000. a. Prepare a statement of changes in equity for the year ended December 31, 2020, assuming profit earned during the year was $124,800. b. What is the maximum amount of dividends that the company can declare during 2021

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