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Swifty Corporation has the following shareholders' equity on December 31, 2021: Shareholders' equity Share capital $10 convertible preferred shares, 10,000 shares authorized, 4900 shares

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Swifty Corporation has the following shareholders' equity on December 31, 2021: Shareholders' equity Share capital $10 convertible preferred shares, 10,000 shares authorized, 4900 shares issued $565000 Common shares. 200,000 shares authorized, 90000 shares issued 1800000 Total share capital 2365000 444000 Retained earnings $2809000 Total shareholders' equity

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