The equity section of Sheffield Inc. at January 1, 2022, was as follows.

Share capitalordinary		$336,000
Accumulated other comprehensive income
Unrealized holding gain on equity securities designated at fair value through other comprehensive income		56,000
Retained earnings		22,400

During the year, the company had the following transactions.

1.		Issued 11,200 shares at $3 per share.
2.		Dividends of $10,400 were declared and paid.
3.		Net income for the year was $112,000.
4.		Unrealized holding loss of $5,600 occurred on its equity securities designated at fair value through other comprehensive income.

The equity section of Sheffield Inc. at January 1, 2022, was as follows. $336,000 Share capital-ordinary Accumulated other comprehensive income Unrealized holding gain on equity securities designated at fair value through other comprehensive income 56,000 Retained earnings 22,400 During the year, the company had the following transactions. 1. Issued 11,200 shares at $3 per share. 2. 3. Dividends of $10,400 were declared and paid. Net income for the year was $112,000. Unrealized holding loss of $5,600 occurred on its equity securities designated at fair value through other comprehensive income. 4. Prepare a statement of changes in equity for Sheffield Inc. SHEFFIELD INC. Statement of Changes in Equity Accumulated Other Comprehensive Income Share Capital-Ordinary Retained Earnings Total Equity $ $ $ $ $ $ ta $ $ $ $