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Culver Umbrella Corporation had the following balances at December 3 1 , 2 0 2 2 ( all amounts in thousands ) : preferred shares,

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Culver Umbrella Corporation had the following balances at December 31,2022(all amounts in thousands): preferred shares, $2,880; common shares, $8,136; contributed surplus, $3,224; retained earnings, $20,658; and accumulated other comprehensive income, $2,477
During the year ended December 31,2023, the company earned net income of $6,659,000, generated an unrealized holding gain on FV-OCI investments of $536,000, sold common shares of $243,000, and paid out dividends of $30,000 to preferred shareholders and $20,000 to common shareholders.
(a1)
Prepare a statement of changes in equity for the year ended December 31,2023.(Enter amounts in thousands)
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