Ice Industries Inc. showed the following equity account balances at December $31,2019$:

Common shares, unlimited shares authorized, $83,000$ shares issued and outstanding $ $842,000$

Retained earnings $125,800$

The company issued long$-$term debt during $2020$ that requires a retained earnings restriction of $$85,000.$ Share dividends declared but not distributed during $2020$ totalled $8,300$ shares capitalized for a total of $$99,600.$

Required:

a$.$ Prepare a statement of changes in equity for the year ended December $31,2020,$ assuming profit earned during the year was $$131,300.($Negative answers should be indicated by a minus sign.$)$

b$.$ What is the maximum amount of dividends that the company can declare during $2021?$