The following information has been extracted from the Statement of Financial Position of Shelley plc as at 1 January 2018: 000 Issued equity shares of 50p each 2,000 Retained earnings 950 There were no other reserves in the Statement of Financial Position as at 1 January 2018. You are given the following additional information relating to the year ended 31 December 2018: 1. The company issued one million equity shares at a price of 75p per share on 1 January 2018. 2. The company made a bonus issue of 1 for 5 ordinary shares on 30 September 2018 utilising any available share premium . At 31 December 2018, the management have decided to revalue land and buildings that had a net book value of 400,000 to a value of E600,000. 4. The profit after tax for the year ended 31 December 2018 was 280,000 5. On 12 February 2018 the company paid the previous year's final equity dividend of 9p per share and on 31 July 2018 paid an interim dividend of 2p per equity share. The directors have proposed a final dividend of 10p on each equity share. Required Prepare a statement of changes in equity of Shelley plc for the year ended 31 December 2018