The following account balances were selected from the records of Blake Corporation at December 31, year 2, after all adjusting entries were completed: Common shares (no par value; authorized 114,000 shares, issued 35,400 shares) $ 708,000 Contributed surplus 170,000 Dividends declared in year 2 20,800 Retained earnings, January 1, year 2 77,800 Correction of prior-period accounting error (a debit, net of income tax) 8,700 Income summary for 2020 (credit balance) 30,100 The stock price was $22.91 per share on that date. Required: 1. Identify the amounts that would be reported in the retained earnings column of the statement of changes in equity for year 2. 2. Prepare the shareholders equity section of the statement of financial position at December 31, year 2. 3. Compute and evaluate the dividend yield ratio. (Do not round intermediate calculations. Round percentage answer to 2 decimal places (i.e., 0.1243 should be entered as 12.43).)