Fuzzy Pictures Inc. reported net income of $96,360 and declared and paid dividends of $22,320 during the year. The opening retained earnings and share capital on January 1 was $15,200 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