Q6. Use the following information to prepare a statement of changes in equity for Drake Plc. (2 marks) $300,000 The equity section of Drake Plc. On Jan 1, 2019 included the following. Share Capital Accumulated other comprehensive income Unrealized holding gains on non-trading equity securities Retained earnings 50,000 20,000 During 2019 Drake Issued 10,000 shares at $3 per share and declared and paid dividends of $9,000. Drake's net income for the year was $100,000. Finally, Drake had an unrealized holding loss of $5,000 on its non-trading equity. Drake Plc. Statement of Changes in Equity for the Year Ended Dec 31, 2019 Total Retained Accumulated Other Earnings Comprehensive Income Share Capital Beginning Balance 300,000 Ending Balance