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Sunland Supply Corporation provided the following schedule detailing the changes in the shareholders' equity accounts during 2020 and 2021 2021 2020 Number of Shares Number
Sunland Supply Corporation provided the following schedule detailing the changes in the shareholders' equity accounts during 2020 and 2021 2021 2020 Number of Shares Number of Shares Amount Amount 440.000 $528,000 440,000 44,000 (22.000) 462,000 $528,000 28.500 (25.295 ) 531 205 0 528.000 440,000 13,000 13,000 7,000 20,000 13,000 Common shares, unlimited authorized Balance, January 1 Issued shares for cash Reacquired shares Balance December 31 Contributed surplus-reacquisition of common shares Balance, January 1 Reacquired common shares Balance, December 31 Retained earnings Balance, January 1 Profit (loss) Common dividends-Cash Balance December 31 Accumulated other comprehensive income Balance, January 1 Other comprehensive income (loss) Balance December 31 Shareholders' equity, December 31 158,000 20,000 (19.000) 159.000 167,000 17.500 (26,500) 158,000 45,000 15.000 60.000 $770,205 48.000 13.000 45.000 $744,000 Prepare the statement of charges in shareholders' equity for the year ended December 31, 2021 (Enter negative amounts using either a negative sin preceding the numbers. 45 or parenthesis es (453) SUNLAND SUPPLY CORPORATION Statement of Changes in Shareholders' Equity Year ended December 31, 2021 Contributed Surplus- Reacquisition of Retained Common Shares Earnings Common Shares 528000 13000 158000 Balance January 1 Issued shares for cash Reacquired common shares 28500 -25295 7000 Cash dividends 419000 20000 Comprehensive income Balance December 31 SA 531205 $ 20000 $ 159000 Prepare the shareholders' equity section of the balance sheet at December 31, 2021 SUNLAND SUPPLY CORPORATION Partial Balance Sheet >
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