statement of shareholders

On Lanuary 1. 2019, Equity Corporation had 100,000 shares of $1 par value common stock outstanding The contient shares were originally issued at $10 per share. The 1/1/19 balance of Retained Earnings was $500,000 and 84 balance of the Accumulated Other Comprehensive income was $10,000. During 2019, Equity Corporation reported net income of $150,000. Additionally, Equity had a $5,000 untesi ned transaction gain on unsettled foreign currency transactions. On 6/1/19, Equity Corporation issued 10,000 shares of $1 par vitue common stock for $100,000. Equity paid cash dividends on 12/31/19 of $.10 per share on the outstanding common stock. Required: Prepare a Statement of Shareholders' Equity for Equity Corporation at December 31.2019. 1. Enter the statement heading and 2. Insert a 6-coloumn table with as many lines as needed to enter the data for the incorte statement. An example appears below: On Lanuary 1. 2019, Equity Corporation had 100,000 shares of $1 par value common stock outstanding The contient shares were originally issued at $10 per share. The 1/1/19 balance of Retained Earnings was $500,000 and 84 balance of the Accumulated Other Comprehensive income was $10,000. During 2019, Equity Corporation reported net income of $150,000. Additionally, Equity had a $5,000 untesi ned transaction gain on unsettled foreign currency transactions. On 6/1/19, Equity Corporation issued 10,000 shares of $1 par vitue common stock for $100,000. Equity paid cash dividends on 12/31/19 of $.10 per share on the outstanding common stock. Required: Prepare a Statement of Shareholders' Equity for Equity Corporation at December 31.2019. 1. Enter the statement heading and 2. Insert a 6-coloumn table with as many lines as needed to enter the data for the incorte statement. An example appears below