On $1$ January $20$X$0,$ Reez reported the following in shareholders$$ equity:

Common shares $($no par value, unlimited authorized, $363,900$ issued and outstanding$)2,827,864$

Preferred shares $($no par value, unlimited authorized, $10,900$ issued, $$3$ non$-$cumulative, fully participating$)705,766$

Retained earnings $3,261,410$

AOCI: Investments $25,600$

AOCI: Foreign currency $130,936$

Contributed capital, common share retirement $19,340$

The following transactions occurred during the year and have not yet been accounted for $($in the order presented$)$:

Recorded earnings were $$310,250.$

FVOCI investments with a fair value of $$239,800$ at the beginning of the year and $$222,800$ at the end of the year.

FVOCI investments with a fair value of $$125,800$ were sold for $$184,300.$ The original cost of these investments had been $$88,800.$ Accumulated gains are transferred to retained earnings.

An exchange loss of $$24,700$ was incurred on the translation of the financial statements of a foreign subsidiary; this exchange loss is not included in earnings.

Revaluation gains of $$40,200$ were incurred on PP&E that follow the revaluation model.

Dividends of $$175,800$ were declared and paid during the year. The matching dividend is $$0\mathrm{.}15$ per share. Participation is based on the relative share capital account at the beginning of the period.

A stock dividend was recorded during the year, involving $26,800$ shares to be issued, valued at $$7\mathrm{.}25$ per share. Of these shares, $21,800$ were issued in the form of full shares and $5,000$ fractional shares for which cash was issued.

Required:

$1.$ Calculate $20$X$0$ comprehensive income.

$2.$ Calculate the balances in all equity accounts, reflecting $20$X$0$ comprehensive income and the transactions that occurred during the year.

$3.$ Determine the amount paid to preferred and common shareholders.

$4.$ This part of the question is not part of your Connect assignment.

Calculate $200$ comprehensive income.

Answer is complete but not entirely correct.

Calculate the balances in all equity accounts, reflecting $200$ comprehensive income and the transactions that occurred during the

year.

Answer is complete but not entirely correct.Calculate $200$ comprehensive Income.

Answer is complete but not entirely correct.

Calculate the balances in all equity accounts, reflecting $200$ comprehensive Income and the transactions that occurred during the

year.

Answer is complete but not entirely correct.

Determine the amount pald to preferred and common shareholders.

Answer is not complete.