please answer in detail and show all calculations step by step.

Transcribed image text: 1) Alhilal. Reported the following amount of the shareholder section at December 31, 2020 was: Common shares, no par value; authorized 20,000 shares; issued and outstanding 10,000 shares $ 50,000 Retained earnings 200,000 $ 250.000 It was reported on February 28, 2021, that the market value of Alhilal's shares was $ 12 per share, the board of directors declared a 15% stock dividend, and accordingly 1,500 additional shares were issued. For the two months ended February 28, 2020, Alhilal reported a net loss of $ 20,000. Prepare the statement of retained earnings on February 28, 2021