Ice Industries Inc. showed the following equity account balances at December 31, 2019: Common shares, unlimited shares authorized, 79,000 shares issued and outstanding Retained earnings $834,000 121,800 The company issued long-term debt during 2020 that requires a retained earnings restriction of $81,000. Share dividends declared but not distributed during 2020 totalled 7,900 shares capitalized for a total of $94,800. Required: a. Prepare a statement of changes in equity for the year ended December 31, 2020, assuming profit earned during the year was $129,300. (Negative answers should be indicated by a minus sign.) Total Equity ICE INDUSTRIES INC. Statement of Changes in Equity For Year Ended December 31, 2020 Common Retained Shares Earnings Balance, January 1 $ 834,000 $ 121,800 Common share dividend distributable 129,300 Dividends Balance, December 31 $ 834,000 $ 251,100 $ 955,800 129,300 $ 1,085,100 b. What is the maximum amount of dividends that the company can declare during 2021? Maximum dividends