On April 1, 2022 Sport Mart Inc.'s board of directors declared a 10% share dividend when the market price per share was $10. On November 15, 2022, the board of directors declared a 4:1 share split. The equity section of the Balance Sheet at December 31, 2021 showed: Common shares: 70,000,000 authorized; 3,000,000 shares issued a $ 15,600,000 Retained earnings Required: 5,142,400 a) Prepare a Statement of Changes in Equity for the year ended December 31, 2022, assuming profit earned during the year was $4,000,000. (6 marks) b) Prepare the equity section of the Balance Sheet at December 31, 2022. (5 marks) Please make sure to save your URL (link) to the exam for your instructor to view and grade. If you accidently delete any part of your question, please refer to copy of question.