Question 8 of 8 - /12 E View Policies Current Attempt In Progress On January 1, 2020, Monty Lid. (a public company) had the following shareholders' equity accounts Preferred shares. $8 non-cumulative, unlimited number authorized, nor bsued Common shares, unlimited number authorized, 640.000 issued $ 5680,000 Retained earnings 1 181000 Accumulated other comprehensive income 131,000 The following selected transactions occurred during 2020 Jan. 2 Issued 80.000 preferred shares at $100 par share. Mar. 5 Declared the quarterly cash dividend to preferred shareholders of record on March 20, payable April 1. Apr, 16 Issued 140,000 common shares at 50 per share June 5 Declared the quarterly cash dividend to preferred shareholders of record on June 20, payable July 1. Dadared the quarterly cash dividend to preferred shareholders of record on September 20, parable October 1. Doc'S Declared the quarterly cash dividend to preferred shareholders of record on December 20, payable January 1. Dic. 31 Net income for the year was $410:000Prom jannadur in is mood the transaction abou inwales the doting entries for Income Jummary and Drickends. Account Title and Explanation DebitEnter box finning balanced and port the entries to the shareholders' equity and dividends Teccounts and arrive at the ending balances (fort entries in the order of journal entries presented in the previous part) Preferred Shares Common Share Rotained Faming Accumulated Other Comprelamive Incarne DividandyPrepare the statement of changes in shareholders' equity for the year. (Enter negative amounts using el preceding the number e g. -45 or parentheses e g. (45).) Monty Ltd. Statement of Changes In Shareholders' Equity Preferred Shares Number of Shares Share Capital Balance Jan, 1, 2020Prepare the shareholders' equity section of the SFP at December 31. Monty Lid. Statement of Financial Position [Partial) List of Accounts Prepare the financing activities weation of the statement of cash flows For the year ended December 31 (Show amount That Monty Lit Catch How Statement [Partial] Financing activities