Presented below is information which relates to Pharoah Company, a Canadian public corporation traded on the Toronto Stock Exchange, for 2023. On January 1, 2023, Pharoah had 22,000 common shares outstanding with a capital balance of $550,000. During the year, Pharoah Company issued an additional 2,000 common shares. Prepare in good form a statement of shareholders equity for the year ended December 31, 2023. Pharoah's income tax rate is 20\%. (Enter amounts that reduce account balances using either a negative sign preceding the number e.g. -25 or parentheses e.g. (25).) Pharoah Company Statement of Shareholders' Equity Common Shares Number Common Shares Retained Earnings Beginning Balance Beginning Balance as Adjusted Correction of 2019 Depreciation Understatement, Net of Tax Dividends Declared Ending Balance Issuance of Shares Net Income Other Comprehensive Income