The Athantic Refinery Corp. (ARQ) is a public company headquartered in St. John's. Newfoundland, On 34 December 205, the postclosing trial balance included the following accotints fin thousands of Canadian dollars) The following transactions and events occurred during 206 : a. Net income amounted to $47 million. b. The value of trademarks was written off after ARC lost a patent protection lawsuit. c. An addilional $1.5 million of convertible bonds was transfered from the debt portion to the equity portion. d. An accounting policy was changed due to a new IFPS taking effect in 206, the effect of retrdspective restatement was to reduce prior years' eamings by an aggregate amount of $31 million. e. The future liability for site restoration was increased by $5 million. L. Common shares with a stated value of $15 million were repurchased on the open market for $20 million and cancelled. The issue price of the shares amounted to $18 million, of which $3 million had been credited to contributed surplus. 9. A new class of preferred shares was issued to a major public sector pension plan for $85 milion to finance future development. h. Dividends totalling $24 million were issued during the year. Of that amount, $6 million were declared on 24 December 206. payable to shareholders of record on January 15,207. 1. The translated amount of ARC's investment in Mongolian subsidiary declined by $2 million due to a rise in the value of the Canadian dollar. Required: Prepare a statement of changes in equity for Atlantic Refinery Corp. for the year ended 31 December 20X6. (Enter answer in thousonds, not in million or in whole Canadian dollars. Negotive amounts should be indicated by o minus sign.)