The adjusted trial balance for Blossom Paints Ltd. at December 31, 2021, is presented below. Blossoms income tax rate is 25% and journal entries for income tax expense have not yet been prepared. There were no common share transactions during the year. BLOSSOM PAINTS LTD. Adjusted Trial Balance December 31, 2021 Debit Credit Accounts payable $65,544 Accounts receivable $42,500 Accumulated depreciationequipment 29,160 Accumulated depreciationbuilding 174,600 Accumulated other comprehensive income (loss)January 1, 2021 0 Advertising expense 9,400 Building 510,000 Cash 216,000 Cash dividendscommon 18,000 Common shares (21,600 issued) 306,000 Contributed surplusreacquisition of common shares 9,000 Cost of goods sold 494,400 Depreciation expense 34,800 Dividends payable 1,200 Equipment 114,000 Gain on sale of equipment 1,020 Income tax expense 0 Income tax payable 0 Interest expense 5,580 Merchandise inventory 100,152 Office expense 13,200 Other comprehensive incomeholding loss on equity investment (before income tax) 6,480 Retained earningsJanuary 1, 2021 41,988 Sales 936,000 $1,564,512 $1,564,512

Prepare a statement of changes in shareholders equity. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

BLOSSOM PAINTS LTD. Statement of Changes in Shareholders Equity Month Ended December 31, 2021December 31, 2021Year Ended December 31, 2021
		Common Shares		Contributed Surplus Reacquisition of Common Shares		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Total
Balance, January 1		$		$		$		$		$
Cash dividends
Comprehensive income
Balance, December 31		$		$		$		$		$

Prepare the shareholders' equity section of the balance sheet at December 31, 2021. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

BLOSSOM PAINTS LTD. Partial Balance Sheet December 31, 2021Month Ended December 31, 2021Year Ended December 31, 2021
Total Shareholders' EquityCurrent LiabilitiesLong-Term LiabilitiesTotal Current AssetsTotal Current LiabilitiesCurrent AssetsTotal Property, Plant and EquipmentLong-Term InvestmentsTotal LiabilitiesTotal Liabilities and Shareholders' EquityTotal Long-Term LiabilitiesIntangible AssetsTotal AssetsTotal Intangible AssetsProperty, Plant and EquipmentTotal Long-Term InvestmentsShareholders' Equity
Total Contributed CapitalOwner's DrawingsShare CapitalContributed CapitalOther Contributed CapitalContributed Surplus - Reacquisition of Common Shares
Contributed Surplus - Reacquisition of Common SharesShare CapitalContributed CapitalOwner's DrawingsOther Contributed CapitalTotal Contributed Capital
Accumulated Other Comprehensive Income (Loss)Common SharesStock Dividend DistributableCash DividendsCommonContributed Surplus - Reacquisition of Common SharesRetained Earnings					$
Total Contributed CapitalShare CapitalOther Contributed CapitalContributed CapitalOwner's DrawingsContributed Surplus - Reacquisition of Common Shares
Common SharesCash DividendsCommonStock Dividend DistributableContributed Surplus - Reacquisition of Common SharesRetained EarningsAccumulated Other Comprehensive Income (Loss)
Contributed CapitalOther Contributed CapitalContributed Surplus - Reacquisition of Common SharesOwner's DrawingsTotal Contributed CapitalShare Capital
Contributed Surplus - Reacquisition of Common SharesRetained EarningsAccumulated Other Comprehensive Income (Loss)Stock Dividend DistributableCash DividendsCommonCommon Shares
Cash DividendsCommonStock Dividend DistributableRetained EarningsCommon SharesAccumulated Other Comprehensive Income (Loss)Contributed Surplus - Reacquisition of Common Shares
Total Property, Plant and EquipmentTotal Current LiabilitiesTotal Liabilities and Shareholders' EquityLong-Term LiabilitiesTotal AssetsTotal LiabilitiesTotal Long-Term InvestmentsCurrent LiabilitiesIntangible AssetsCurrent AssetsTotal Intangible AssetsTotal Shareholders' EquityTotal Current AssetsLong-Term InvestmentsProperty, Plant and EquipmentShareholders' EquityTotal Long-Term Liabilities					$