Q3 Please ASAP

Question 3 of 4 > View Policies -11 Current Attempt in Progress The shareholders' equity accounts of Cullumber Inc. at December 31, 2020, are as follows: Preferred shares. $3 noncumulative, unlimited number authorized, 6,000 issued Common shares, unlimited number authorized, 170,000 issued Retained earnings Accumulated other comprehensive loss $600,000 850,000 500.000 (50,000 Cullumber has a 35% income tax rate. During the following fiscal year, ended December 31, 2021, the company had the following transactions and events: Feb. 1 Repurchased 10.000 common shares for $40.000. Announced a 2-for-1 preferred stock split. The market price of the preferred shares at the date of announcement Dec Declared the annual cash dividend ($1.50 post-split) to the preferred sharehoiders of record on January 10. 2022. payable on January 31, 2022. Declared a stock dividend to common shareholders of record at December 20. distributable on January 12 2022. The fair value of the common shares was $11 per share Determined that for 2021. profit before income tax was $340.000 and other comprehensive income net of income tax expense of $36.050 was $66.950. Dec Prepare a statement of changes in shareholders equity for the year ended December 31, 2020 (Enter negative amount using either a negative sign preceding the number eg -45 or parentheses ey (457) CULLUMBER1 Question 3 of 4 > -11 5 Dec. 31 Determined that for 2021, profit before income tax was $340,00 and other comprehensive income, net of income tax expense of $36,050, was $66,950. Prepare a statement of changes in shareholders' equity for the year ended December 31, 2021. (Enter negative amount using either a negative sign preceding the number eg.-45 or parentheses eg: (45).) CULLUMBERI Statement of Changes in Sha Preferred Shares Common Shares Stock Dividend Distributable Balance, January 1 $ $ $ Reacquired common shares Stock split 2 for 1 Cash dividends-preferred Stock dividends-common Comprehensive income Balance, December 31 $ $ e Textbook and Media Attempts: 0 of 3 used Submit Answer Save Late Question 3 of 4 -/1 Dec 31 Determined that for 2021, profit before income tax was $340,000 and other comprehensive income, net of income tax expense of $36,050, was $66,950. Prepare a statement of changes in shareholders' equity for the year ended December 31, 2021. (Enter negative amount using either a negative sign preceding the number eg. 45 or parentheses es (45).) CULLUMBER INC. ment of Changes in Shareholders' Equity Dividend ibutable Contributed Surplus Reacquisition of Common Shares Retained Earnings Accumulated Other Comprehensive Income (Loss) Total $ $ $ $ e Textbook and Media Attempts: 0 of 3 used Submit Answer Save Fornecer Address