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Pina Colada Corporation, a public company, reported the following balances at January 1, 2020: Common Shares (32,400 shares issued, unlimited authorized) $ 810,000 Retained Earnings

Pina Colada Corporation, a public company, reported the following balances at January 1, 2020:

Common Shares (32,400 shares issued, unlimited authorized) $ 810,000
Retained Earnings 1,512,000
Contributed Surplus 145,000
Accumulated Other Comprehensive Income 43,800

During the year ended December 31, 2020, the following summary transactions occurred:

Net income earned during the year $ 438,000
Unrealized gain on fair value through other comprehensive income (FV-OCI) investments 30,000
Reduction of contributed surplus during the year due to repurchase of common shares 20,000
Reduction of common shares account balance during the year due to repurchase of 1,300 common shares 32,500
Dividends declared during the year on common shares 67,000
Issued 1,800 common shares during the year 90,000

Prepare a statement of changes in shareholders equity for the year as required under IFRS. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

PINA COLADA CORPORATION Statement of Changes in Shareholders' Equity choose the accounting period Year Ended December 31, 2020December 31, 2020Month Ended December 31, 2020
Share Capital
Number of Shares Legal Capital Other Contributed Capital Retained Earnings Accumulated Other Comprehensive Income Total

Bal. Jan. 1, 2020

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Issued common shares

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

Repurchase of shares

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

Declared dividends

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

Comprehensive income:

Net income

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

Unrealized gain-OCI

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

Bal. Dec. 31, 2020

enter a total amount $enter a total amount $enter a total amount $enter a total amount $enter a total amount $enter a total amount

eTextbook and Media

List of Accounts

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

PINA COLADA CORPORATION Statement of Financial Position (Partial) choose the accounting period December 31, 2020For the Month Ended December 31, 2020For the Year Ended December 31, 2020

select an opening subsection name Total Paid-in CapitalShare CapitalTotal Shareholders Equity

enter a balance sheet item

$enter a dollar amount

enter a balance sheet item

enter a dollar amount

select a closing subsection name Total Shareholders EquityTotal Paid-in CapitalShare Capital

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 Total Paid-in CapitalShare CapitalTotal Shareholders Equity

$enter a total amount for this section

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