Presented below is information which relates to Wildhorse Company, a Canadian public corporation traded on the Toronto Stock Exchange, for 2017. Net income Retained earnings, January 1, 2017 $412,000 783,000 Cash dividends declared on common shares 39,000 Correction of calculation error depreciation understatement in 2013 (pre-tax) 458,000 Gain from foreign currency transactions (net of tax) Proceeds from issuance of Wildhorse common shares Accumulated other comprehensive income, January 1, 2017 218,000 62,000 18,000 On January 1, 2017, Wildhorse had 22,000 common shares outstanding with a capital balance of $550,000. During the year, Wildhorse Company issued an additional 2,400 common shares. Prepare in good form a statement of changes in equity for 2017. The tax rate is 25%. (Enter expenses and losses using either a negative sign preceding the number e.g. -25 or parentheses e.g. (25).) Beginning balance Net income Dividends declared Correction of 2013 depreciation understatement, net of tax Other comprehensive income Beginning balance as restated Issuance of shares Ending balance Wildhorse Company Statement of Shareholders' Equity For the year ended December 31, 2017 Common Shares Accumulated Other Number Common Shares Retained Earnings Comprehensive Income Total 22,000 550,000 783,000 18,000 1,351,000 412,000 412,000 -39,000 -39,000 -343,500 -343,500 218,000 218,000 2,400 62,000 62,000 24,400 612,000 812,500 236,000 1,660,500