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Robinson Industries reported the following statement of shareholders equity for the year ended 31 December 20X7: Common Share Capital Preferred Share Capital Other Contributed Capital

Robinson Industries reported the following statement of shareholders equity for the year ended 31 December 20X7:

Common Share Capital Preferred Share Capital Other Contributed Capital (All Sources) Retained Earnings Reserve re: Unrealized Gains, Investments
Balance, January 1, 20X7 $ 7,392 $ 4,214 1,633 717 $ 113
Issuance of common shares for cash 9,436
Retirement of common shares (1,740 ) (996 )
Costs associated with equity issue

(804

)
Stock dividend 429 (1,598 )
Comprehensive income 2,680 83
Retirement of preferred shares (2,050 ) (322 ) (110 )
Balance, 31 December 20X7 $ 15,517 $ 2,164 $ 315 $ 885 $ 196

2. Earnings were $6,363. How much is comprehensive income?

3. What amount was paid to retire common shares during the year? 4-a. What amount was paid to retire preferred shares during the period?

4-b. What amount should be deduction from contributed capital?

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