Current Attempt in Progress The following is information for Ayayai Corp. for the year ended December 31, 2023: Sales revenue Unrealized gain on FV-OCI equity investments Interest income Cost of goods sold Selling expenses Administrative expenses Dividend revenue $1,470,000 40,000 6,000 882,000 73,500 46,000 20,000 Loss on inventory due to decline in net realizable value Loss on disposal of equipment Depreciation expense related to buildings omitted by mistake in 2022 Retained earnings at December 31, 2022 Loss from expropriation of land Dividends declared The effective tax rate is 25% on all items. Ayayai prepares financial statements in accordance with IFRS. The FV-OCI equity investments trade on the stock exchange. Gains/losses on FV-OCI investments are not recycled through net income. $85,000 30,000 59,000 970,000 61,000 49,000

Current Attempt in Progress The following is information for Ayayai Corp. for the year ended December 31, 2023: The effective tax rate is 25% on all items. Ayayai prepares financial statements in accordance with IFRS. The FV-OCI equity investments trade on the stock exchange, Gains/losses on FV.OCI imvestments are not recycled through net income. Prepare the retained earnings section of the statement of changes in equity for 2023. (List items that increase retained earnings first following the adjustment of prior years.)