The following select balances are from Muin Co.'s year end 2019 financial statements: Common Shares Preferred Shares Retained Earnings $680,000 $300,000 $380,000 At the end of 2020 the company had earned net income of $131,000 and during the year they had paid dividends in the amount of $21,300 to preferred shareholders and $13,900 to common shareholders and issued additional common shares in exchange for $51,500 in cash. The company's year end is December 31. Prepare a statement of Retained Earnings and a Statement of Changes in Shareholders' Equity for Muin Co. for the year end 2020. Muin Co. Statement of Retained Earnings For the year ended December 31, 2020 Retained Earnings - Dec 31, 2019 $ 380,000 Net Income 131,000 511000 Less V Dividends Common