Opening balances as at January 01, 2018 Description Rs. Opening Share Capital (at par value of Rs. 10 per share) 25,000,000 Share Premium 7,500,000 Opening General Reserves 750,000 Opening RE 18,250,000 Revaluation Surplus 1,500,000 Following events have taken place in year 2018 and 2019: 1 . On March 31, 2018, Company issued Right shares for Rs. 20 per share. Right shares w in the proportion of 1 right share against 5 ordinary shares held 2. Board of Directors of the Company approved Interim dividend of Rs. 2.25 per share year ended June 30, 2018. 3. Annual profit for the year ended December 31, 2018 is Rs. 10,250,000. 4. The Board of Directors of the Company recommended annual dividend of Rs. 4.25 pe February 15, 2019, which was duly approved by the Shareholders on March 21, 2019. 5. The Board of Directors approved Bonus Shares of 20% of the Outstanding shares or 2019 which were duly credited in Shareholders account on August 31, 2019. 6. Board of Directors of the Company approved Interim dividend of Rs. 1.25 per share f quarter ended September 30, 2019. 7. Annual profit for the year ended December 31, 2019 is Rs. 12,500,000. 8. The Board of Directors of the Company recommended annual dividend of Rs. 5 pe February 15, 2020, which was duly approved by the Shareholders on March 21, 2020. 9. The Company has a policy to transfer 5% of the Annual Profit to General Reserves. 10. Company revalued Fixed assets on December 31, 2017 resulting in Revaluation Sur 1,000,000. Remaining useful life of the Asset is 10 years and Company has a straight li for Depreciation. Required Make Statement of Changes in Equity for the year ended December 31, 2018 and 2019. Igno