Grant Construction Ltd. prepares its reports using IFRS. The following information relates to its shareholders equity on January 1, 2021, the first day of its fiscal year.

$0.50-noncumulative preferred shares, unlimited number of shares authorized, 100,000 shares issued		1,200,000
Common shares, unlimited number of shares authorized, 1,200,000 shares issued		3,624,200
Contributed surplusreacquisition of common shares		15,200
Retained earnings		7,200,000
Accumulated other comprehensive income		(427,000)

During 2021, there were the following transactions related to shares.

1.		On May 15, 2021, Grant purchased a Caterpillar bulldozer in exchange for 90,000 common shares with a market value of $3.15 per share. The fair value of the bulldozer was $295,400.
2.		On June 1, 2021, Grants board of directors declared the semi-annual dividend to the preferred shareholders to shareholders of record on June 15, payable June 30.
3.		The semi-annual dividend to the preferred shareholders is paid on the appropriate date.
4.		On September 16, 2021, reacquired 45,000 common shares for $155,000 cash.
5.		On December 15, 2021, Grants board of directors declared the second semi-annual dividend to the preferred shareholders payable December 30, 2021 and a 10% stock dividend to the common shareholders for shareholders of record on December 16, 2021, both payable January 20, 2022. The market price of the common shares at December 15, 2021 was $4.00 per share.
6.		Reported profit of $1,450,000 for the year.

Prepare a schedule showing all transactions for the common shares and the calculation of the average per share amount of shares issued. (Round the average per share to 2 decimal places, e.g. 5.27 and final answers to 0 decimal places, e.g. 5,276.)

Date		Transaction		# Shares		Proceeds		Average Per Share Amount
Jan. 1		Beginning balance				$		$
May. 15		Issued shares
		Sub-total						$
Sep. 16		Reacquisition
								$
Dec. 15		Stock dividend
		Balance Dec. 31				$		$

List of Accounts

Record any necessary journal entries for the transactions in 2021. Ignore any closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. Round the average per share to 2 decimal places, e.g. 5.27 and final answers to 0 decimal places, e.g. 5,276.)

List of Accounts

Prepare the statement of changes in shareholders equity for the year ended December 31, 2021. (Round the average per share to 2 decimal places, e.g. 5.27 and final answers to 0 decimal places, e.g. 5,276.)