The following are extracts from Beer's ledger for the year ended December 31, 2017 $'000 Profit for the year 421 Dividend (98) 323 During the year the following important events took place: 1) Properties were revalued by $105,000 increase. 2) $200,000 equity shares of $1 were issued during the year at a 25c premium The opening equity balance were as follows: Issued capital 400 Share premium 50 Other components of equity 165 Retained earnings 310 925 Required: In accordance with IAS 1, prepare the statement of changes in equity for the year-ended 31 December 2017