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On April 1 , 2 0 2 3 , 4 0 0 , 0 0 0 common shares were issued at $ 0 . 9
On April common shares were issued at $ per share. On June the board of directors declared a share dividend to shareholders of record on June ; the distribution date was July The market prices of the shares on June June and July were $ $ and $ respectively. On December the board of directors declared a : share split to shareholders of record on December ; the distribution date was December Profit earned during the year was $
Required:
Prepare the companys equity section on the December balance sheet.
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