Problem 15-3 (Equity Transactions and Statement Presentation) Hatch Company has two classes of share capital outstanding: 8%,$20 par preference and \$5 par ordinary. At 31 December 2021, the following accounts were included in equity: The following transactions affected equity during 2022: 1 January 30,000 preference shares issued at $22 per share. 1 February 50,000 ordinary shares issued at $20 per share. 1 June 2-for-1 share split (par value reduced to $2.50 ) 1 July 30,000 ordinary treasury shares purchased at $10 per share. Hatch uses the cost method. 15 September 10,000 treasury shares reissued at $11 per share. 6 31 December The preference dividend is declared, and an ordinary dividend of $0.50 per share is declared. 31 December Net income for the year is $2,100,000. Instructions: Prepare the equity section of the statement of financial position for Hatch Company at 31 December 2022. Show all supporting computations