S14-14 York Inc. had Retained Earnings of $60,000 at its fiscal year end on October 31, 2019. At that time, it had $75,000 in common shares and $20,000 in $2 preferred shares. During 2020, the company earned net income of $155,000 and declared dividends of $17,000. Additional common shares were sold in 2020 for $25,000. Complete York Inc.'s statement of shareholders' equity for the year ended October 31, 2020. YORK INC. Statement of Shareholders' Equity For the Year Ended October 31, 2020 Common Shares Preferred Retained Shares Earnings Total Shareholders' Equity Balance, October 31, 2019 Balance October 31, 2020 4 Complete a statement of shareholders' equity Bal. Oct. 31, 2020, $318,000