Question 1: [10 marks] Presented below are balances of equity accounts at 1/1/2019 at Petra Co.: Capital Additional paid in capital Retained earnings 800,000 200,000 130,000 During 2019 the following additional information is provided: 1- Petra issued 100,000 ordinary shares at S2, with sales price (market price) $1.5 2- Petra declared and paid dividends at $60,000 3- Net income for 2019 was $200,000 4-treasury shares were purchased at a cost of $40,000 5-accumulated other comprehensive income was $10,000 1 Prepare statement of changes in equity for 2019. Then answer the questions at answer sheet page No. 1 Capital Additional Retained earnings capital paid in total [10 marks] Question 1: Presented below are balances of equity accounts at 1/1/2019 at Petra Co.: Capital Additional paid in capital Retained earnings 800,000 200,000 130,000 During 2019 the following additional information is provided: 1- Petra issued 100,000 ordinary shares at $2, with sales price (market price) $1.5 2- Petra declared and paid dividends at $60,000 3- Net income for 2019 was $200,000 4-treasury shares were purchased at a cost of $40,000 5-accumulated other comprehensive income was $10,000 Prepare statement of changes in equity for 2019. Then answer the questions at answer sheet page No. 1