Question 3: 20 marks Michele is considering the Shareholders' Equity section of the balance sheet, specifically the balances in Share Capital and Retained Earnings. Relevant data during the year are as follows: On March 3, 2021, Foot Fault declared a dividend for the shareholders of record on March 17, 2021. The cash dividend payment was disbursed on April 16, 2021. This was the only dividend declared during the year. On September 4, 2021, Foot Fault issued new, incremental common shares by selling these shares on the Toronto Stock Exchange. This was the only share issuance during the year (there were no share repurchases during the year, nor any other transactions affecting the Share Capital Account). See the partial Balance Sheet (Shareholder's Equity section only) below for additional information. Documents (we will call them "Pieces of Evidence") provided to Michele by Foot Fault are: General: Articles of incorporation, the bylaws, and the minutes of the board of directors from the inception of the corporation. Share Capital: Minutes from the Board of Directors from September 3, 2021 (approval for sale of new shares). The corporation's share certificate stub book including all share certificate numbers. Transactions in the Share Capital account from the inception of the corporation. Retained Eamings: A continuity schedule of Retained Earnings transactions from the inception of the corporation. Minutes from the Board of Directors from March 3, 2021 (dividend declaration). Transactions in the Retained Earnings account from the inception of the corporation, specifically including disbursements of dividend payments. Below is a partial Balance Sheet for Foot Fault, for 2021 Draft statements and 2020 Audited Statements: