On January 1, 2020, Swifty Ltd. (a public company) had the following shareholders equity accounts:

Preferred shares, $6 noncumulative, unlimited number authorized, none issued			0
Common shares, unlimited number authorized, 770,000 issued		$	3,850,000
Retained earnings			1,240,000
Accumulated other comprehensive income			132,000

The following selected transactions occurred during 2020:

Jan. 2		Issued 110,000 preferred shares at $100 per share.
Mar. 5		Declared the quarterly cash dividend to preferred shareholders of record on March 20, payable April 1.
Apr. 18		Issued 150,000 common shares at $8 per share.
June 5		Declared the quarterly cash dividend to preferred shareholders of record on June 20, payable July 1.
Sept. 5		Declared the quarterly cash dividend to preferred shareholders of record on September 20, payable October 1.
Dec. 5		Declared the quarterly cash dividend to preferred shareholders of record on December 20, payable January 1.
Dec. 31		Net income for the year was $430,000.

Prepare the shareholders equity section of the SFP at December 31.

Swifty Ltd. Statement of Financial Position (Partial) choose the accounting period For the Month Ended December 31, 2020For the Year Ended December 31, 2020December 31, 2020
select an opening section name Total Shareholders EquityShareholders' EquityTotal Share CapitalShare Capital
select an opening subsection name Total Shareholders EquityTotal Share CapitalShareholders' EquityShare Capital
enter a balance sheet item		$enter a dollar amount
enter a balance sheet item		enter a dollar amount
select a closing subsection name Shareholders' EquityTotal Share CapitalShare CapitalTotal Shareholders Equity		enter a total of the two previous amounts
enter a balance sheet item		enter a dollar amount
enter a balance sheet item		enter a dollar amount
select a closing section name Shareholders' EquityShare CapitalTotal Share CapitalTotal Shareholders Equity		$enter a total amount for this section

List of Accounts

Prepare the financing activities section of the statement of cash flows for the year ended December 31. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Swifty Ltd. Cash Flow Statement (Partial) choose the accounting period For the Year Ended December 31, 2020December 31, 2020For the Month Ended December 31, 2020
Financing activities:
select an item Payment of preferred dividendsPayments on repurchase of common sharesPayment for redemption of preferred sharesProceeds from issue of preferred sharesProceeds from issue of common shares		$enter a dollar amount
select an item Payment of preferred dividendsPayments on repurchase of common sharesPayment for redemption of preferred sharesProceeds from issue of preferred sharesProceeds from issue of common shares		enter a dollar amount
select an item Payment of preferred dividendsPayments on repurchase of common sharesPayment for redemption of preferred sharesProceeds from issue of preferred sharesProceeds from issue of common shares		enter a dollar amount
Cash select an option used inprovided by financing activities		$enter a total amount