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The ruly section from the 2020 and 2021 balance sheet of Fab Form Industries he appeared as follows w the De Contral Can the winter where are ind out atsineering 1.000 360, 1.250,00 te the Capital: Created the whol.thares Ludwig 17. warning 51.11. On May 16, June 15. september 5, and November 22, 2021, the board of directors declared 501 per share cash dividends on the tong common share on October 14, 2001. 19.000 dinal common shares were used Tequired Under the stumption that there were no transactions affecting stained in other than the ones over determine the 2021 profit Doof Fab-Form Industries is The equity sections from the 2020 and 2021 balance sheets of Fab Form Industries Inc appeared as follows von Thaust the tauity Buction of the ancora 2920 Contributed capital Common shares, unlimited thares authorized, 96,200 shares issued and outstanding $ 600,000 Retained earnings SCO,GON Total equity $1,250,00 THOUT Equity Section of the Blanca December 2021 Contributed capitals Common shares, unlimited shares authorized, 115,600 shares issued and outstanding Retained earnings Total equity $ 637,440 461,600 51,299,040 On March 16, June 15, September 5, and November 22, 2021, the board of directors declared $0.15 per share cash dividends on the outstanding common shares. On October 14, 2021. 19,400 additional common shares were issued Required: Under the assumption that there were no transactions affecting retained earnings other than the ones given, determine the 2021 profit (loss) of Fab-Form Industries Inc. Retained earnings Total equity 560,608 $1,258,608 Fab-Forn Industries Inc. Equity Section of the Balance sheet December 31, 2821 Contributed capital: Common shares, unlimited shares authorized, 115,600 shares issued and outstanding Retained earnings Total equity $ 837,440 461,600 $1,299,840 On March 16, June 15. September 5, and November 22, 2021, the board of directors declared $0.15 per share cash dividends on the outstanding common shares. On October 14, 2021, 19,400 additional common shares were issued. Required: Under the assumption that there were no transactions affecting retained earnings other than the ones given, determine the 2021 profit Gloss) of Fab-Form Industries Inc