Extract from Musunes nominal Ledger for the year ended December 31, 2020 are as follows:

	K000
Profit for the year	421
Dividend	(98)
	323
During the year the following important events took place
Properties were revalued at K105,000
200,000 Equity shares of K1 were issued during the year at premium K0.25
	K
Share Capital	400,000
Share Premium	50,000
Revaluation Surplus	165,000
Retained Earnings	310,000
	925,000

Required:

Prepare the Statement of Changes in Equity for the year ended December 31, 2020