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Question 27 View Policies 03:13: Current Attempt in Progress Presented below is information which relates to Crane Company, a Canadian public corporation traded on the

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Question 27 View Policies 03:13: Current Attempt in Progress Presented below is information which relates to Crane Company, a Canadian public corporation traded on the Toronto Stock Exchange, for 2020. Net Income Retained earnings, January 1, 2020 Cash dividends declared on common shares Correction of calculation error depreciation understatement in 2016 (pre-tax) Gain on FV-OCl investments (net of tax) Proceeds from Issuance of Crane common shares Accumulated other comprehensive Income, January 1, 2020 $419,000 815,000 35,000 460,000 225.000 59.000 17,000 On January 1, 2020, Crane had 22,000 common shares outstanding with a capital balance of $550.000. During the year, Crane Company issued an additional 2,000 common shares. Prepare in good form a statement of shareholders equity for the year ended December 31, 2020: Crane's income tax rate is 20%. (Enter expenses and losses using either a negatives preceding the number 3.-25 or parentheses (251) Crane Company Statement of Shareholders' Equity Common Shares Number Common Shares Retained Earnings Accumulated Other Comprehensive Income $ 4 3 & 7 9 R Y So Sorve YouTube G Google Bookshelf One On January 1, 2020, Crane had 22,000 common shares outstanding with a capital balance of $550,000. During the year, Crane Company issued an additional 2,4 03:12:54 Prepare in good form a statement of shareholders equity for the year ended December 31, 2020. Crane's income tax rate is 20%. (Enter expenses and losses using either a negative sien preceding the number 23.-25 or parentheses es. (251 Hide Crane Company Statement of Shareholders' Equity Common Shares Number Common Shares Retained Earnings Accumulated Other Comprehensive Income Total $ $ $ $ % 3 6 8 9 0 Q W E R . Y U

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