Required {a} Prepare, with all necessaryr calculations, the following: {i} Year 12 consolidated retained earnings statement {ii} Consolidated balance sheet as at December 31, Year 12 {b} How would the return on equity attributable to Par's shareholders for Year 12 change if Star's preferred shares were non-cumulative instead of cumulative? {c} 011 January 1, Year 13, Star issued common shares for $l, in cash. Because Par did not purchase any of these shares. Par's ownership percentage declined from 2t} to 55%. Calculate the gain or loss that would he charged or credited to consolidated shareholders' equity as a result of this transaction