=) Question 5 [5 points] Vision Consulting Inc. showed the following equity information as at December 31, 2014. ots a. The preferred shares had sold for an average price of $14 b. The common shares had sold for an average price of $8. c. Retained Earnings at December 31, 2013, was $160,000. During 2014, net income earned was $350,000. The board of directors declared a total cash dividend of $100,000 Use this information to complete the equity section of the balance sheet. Infl Vision Consulting Inc. Equity Section of the Balance Sheet December 31, 2014 Contributed capital: Preferred shares $2.00 non-cumulative, 300,000 shares authorized shares issued and outstanding Common shares, unlimited shares authorized, 350,000 shares issued and outstanding Total contributed capital Retained earnings Total equity 4.340.000 cen em