Smiley Ste Inc. ended 2019 win 7 million common shares issued and outstanding. The average issue price was $1.71. Beginning retained eaminge totalled $39 milion . In March 2020, Smiley Site issued 10 milion common shares at a price of $4 per share In May, the company distributed a 12 percent stock dividend at a time when Smiley Ste's common shares had a fair value of $5 per share Then in October, Smiey She's stock price dropped to $2 per share and the company executed a 1-for-2 stock split . For the year, Smiley She earned net income of $20 million and declared cash dividends of $12 million Complete the following tabulation to show what Smiley Site should report for shareholders equity at December 31, 2020. Joumal entrien are not required. Complete the following tabulation to show what Smiley Site should report for shareholders' equity at December 31, 2020. Journal entries are not required. (Enter amounts and round calculations in millions to two decimal places, Leave amounts blank where no transaction occurred. Enter a total for each line of the table. If the total is zero, enter *0. Une parentheses or a minus sign when entering numbers to be subtracted or showing debit balances.) Common Retained (Amounts in millions) Shares Earnings Total Equity Balance, Dec 31, 2019 $ 12.00 - $ 39.00 $ 51.00 an Issuance of shares Stock dividend Net Income Cash dividends Balance, Dec 31, 2020