Question 3 Pebble Beach Inc. ended 2020 with Retained Earnings of $93,500. During 2021, the company earned net income of $132,000 and declared cash dividends of $71,500. The company ended 2020 with $22,000 in common shares and $17,600 in $1 preferred shares. Additional shares were sold in 2021 as follows: common shares for $7,700. The company also completed a 3 for 1 stock split on the common shares issuing 6,000 new common shares. Required: Complete Pebble Beach Inc.'s statement of shareholders' equity for the year ended December 31, 2021. (Note: all rows in the template below may not be needed.) (7 Marks) Pebble Beach Inc. Statement of Shareholders' Equity For the Year Ended December 31, 2021 Total Shareholders' Equity Retained Earnings Preferred Shares Common Shares