Fuzzy Pictures Inc. reported net income of $93,560 and declared and paid dividends of $21,820 during the year. The opening retained earnings and share capital on January 1 was $14,600 and 50,000. Prepare a statement of changes in equity for Fuzzy Pictures Inc as at December 31. Assume no shares were issued during the year. (List items that increase owner's equity first.) FUZZY PICTURES INC. Statement of Changes in Equity As at December 31, XXXX $ Share Capital Retained Earnings $