prepare statement of change in equity

Steering Corporation, a publicly traded company, is authorized to issue 203,000$4 noncumulative preferred shares and an unlimited number of common shares. On January 1, 2021, the general ledger contained the following shareholders' equity accounts: The following equity transactions occurred in 2021: Feb. 6 Issued 10,200 preferred shares for $622,200. Apr. 6 Issued 18,400 common shares for $524,400. 27 Repurchased and retired 2.800 common shares at $17 per share. The balance in the Contributed Surplus account arose from the repurchase of common shares in prior years. May 29 Declared a semi-annual cash dividend to the preferred shareholders of record at June 12, payable July 1. Aug. 22 Issued 9,100 common shares in exchange for a building. At the time of the exchange, the building was valued at $165.700 and the common shares at $151.000 Dec. 14 The board of directors decided there were insufficient funds to declare the semi-annual dividend to the preferred The following equity transactions occurred in 2021 : Feb. 6 Issued 10,200 preferred shares for $622,200. Apr. 6 Issued 18.400 common shares for $524,400. 27 Repurchased and retired 2,800 common shares at $17 per share. The balance in the Contributed Surplus account arose from the repurchase of common shares in prior years. May 29 Declared a semi-annual cash dividend to the preferred shareholders of record at June 12, payable July 1. Aug. 22 Issued 9,100 common shares in exchange for a building. At the time of the exchange, the building was valued at $165,700 and the common shares at $151,000. Dec. 14 The board of directors decided there were insufficient funds to declare the semi-annual dividend to the preferred shareholders. 31 Net income for the year was $527,000. Preferred Shares Dividends Declared Common Shares Apr. 27 50400 Jan. 1 Bal. 966000 Apr. 6 524400 Aug. 22 165700 eTextbook and Media STEERING CORPORATIO Statement of Changes in Eq. For the Year Ended Decombur 31, 20 Share Capital Contributed Balance, Jan. 1 Preferred Shares Surplus Balance, Jan, 1 \$ Issued preferred shares Issued common shares Repurchased common shares Dividends deciared Net income Balance, Dec. 31 Question 2 of 3 5/10 -45 or parentheses es (45).) TEERING CORPORATION ement of Changes in Equity fear Ended December 31, 2021 \begin{tabular}{|c|c|c|c|} \hline ContributedSurplus & Retained Earnings & Accumulated Other \\ Comprehensive lncome & Total \\ \hline$ & $ & $ \\ \hline \end{tabular}