Soda Pop Co. started operations on August 1, 2021. During its first year, $11,700.00 of common shares were issued and a profit of $33,000.00 was realized. In 2022, Soda Pop Co.'s second year of operations, an additional $26,000.00 of common shares were issued, a profit of $46,000.00 was earned, and dividends of $15,500.00 were declared and paid.

Prepare a statement of changes in equity for the year ended December 31, 2022.