Healthy Living Health Foods Inc is authorized to issue 4,250,000 common shares (Click the icon to view additional information) Requirement Show the computation of Healthy Living's total shareholders' equity at December 31, 2020 Present a detailed computation of each element of shareholders equity First, calculate the balance of common shares account as a result of the shame transactions. Start with the common shares only, we will calculate the balance of Ritaned Earnings in the next step (Use parentheses or a minus sign for numbers to be subtracted) Common shares Common shares Calculate the bance of stained eamings as a result of the transachons (Use parentheses or a minus sign for numbers to be subtracted or for negative balances Retained earnings (deficit) Retamed naming defin Complete the tabu to calculate total shareholder guty (Enter the accounts in the proper order. Use parentheses or a minus sign when subtracting numbers) Healthy Living Health Foods Inc. in authored to insun 4,250,000 common shares (Click the icon to view additional information) Requirement Show the computation of Healthy Living's total shareholders' equity at December 31, 2020 Present a detailed computation of each element of shareholder Common shares Calculate the balance of retained eamings as a result of the transactions (Use parentheses or a minus sign for numbers to be subtracted or for negative balances Retained earnings (deficit) Retained eamngs (deco Complete the table to cacuiste bital shareholders' eqaty (Enter the accounts in the proper order. Use parentheses or a minus sign when subtracting numbers) Shareholders' Equity To shareholders ly Next Hlick the icon to view additional information.) ement he computation of Healthy Living's total shareholders' equity at December 31, 2020. Present a detailed computation of each element of shareholders' equ Common shares ate the balance of retain ned earnings (deficit) Additional information - In its initial public offering during 2016, Healthy Living issued 475,000 common shares for $6.50 per share. Over the next year, Healthy Living's share price increased and the company issued 425,000 more shares at an average price of $9.50. During the five years from 2016 through 2020, Healthy Living earned net income of $1,250,000 and declared and paid cash dividends of $180,000. A 9 percent stock dividend was distributed to the shareholders in 2020 on the shares outstanding. The market price was $13.00 per share when the stock dividend was distributed At December 31, 2020, the company has total assets of $14,800,000 and total liabilities of $6,605,000 tracted or for negative ba ned earnings (deficit) lete the table to calculate Total shareholders' equity Print Done on when subtracting numb