Donalty Corporation opened for business on January 1, 2018. The following information is available with regards to their accounts as of December 31, 2018: Accounts payable $2,500 $5,500 Accounts receivable Administrative expenses $4,500 Bank loan $55,000 Cash $130,200 Common shares $51,000 Dividends declared $1,000 Equipment $25,000 Insurance expense $4,800 Interest expense $4,000 Revenue $145,000 Salaries expense $78,500 The following information was also available for the year: Net cash used by operating activities was $50,200 Cash of $25,000 was paid to purchase new equipment Cash of $51,000 was received from the issue of common shares Cash of $55,000 was received from the bank loan Cash of $1,000 was declared and paid for dividends.

only : please find the statement of change in equity . according to this box

Donalty Corporation Statement of Changes in Equity Year Ended December 31, 2018 Retained earnings, beginning of year 51000 Issue of shares Net income Retained earnings, end of year