On January 1, 2020 , Dunder Mifflin Corp, a publicly traded company, had these shareholders equity accounts:

Common shares (Unlimited number of shares authorized, 60,000 issued) $600,000

Contributed surplus $30,000

Retained earnings $1,200,000

On February 1 the company declared a $1 per share cash dividend to common shareholders. The stocks market price was $30.00. February 15th is the date of record and March 1st is the date of payment. On February 15th the stocks market price was $31.00 and on March 1 st the stocks market price was $32.00. Calculate the balance in number of common shares, dollars of common shares, dollars of contributed surplus and dollars of retained earnings after the above transaction at March 1 st, 2020.

	January 1, 2020	March 1, 2020
Number of common shares	60,000
Common shares	$600,000
Contributed surplus	$30,000
Retained earnings	$1,200,000