The opening balances of Hard Corporation's shareholders' equity accounts on January 1, 2020, are set out in the table below. At the beginning of 2020 Hard Corp had 300.000 common shares outstanding. During 2020, Hard Corp had the following transactions: January 8 Declared and issued a 10% common stock dividend. The market price per share at that time was $9.50. April 14 Issued 70,000 common shares for $10.00 per share. June 20 Declared and paid total cash dividends of $650,000. November 18 Repurchased 20,000 common shares for $10.50 per share December 31 Determined that the pre-tax profit for the year was $7,500,000 and other comprehensive income before tax was $400,000. Hard corp has an income tax rate of 25%. Required: In the table below, complete the Hard Corp. statement of changes in shareholder's equity for the year ended December 31. 2020. The contributed surplus balance relates to previous repurchases of common shares. Put a short description of each transaction in the far left column of the table. Do not use dates to identify the transactions. Show your calculations in the space below the table. Round average per share amounts to the nearest whole cent. North Star Corporation Statement of Changes in Shareholders' Equity For the Year Ended December 31, 2020 Contributed Retained Accumulated Total Surplus Earnings Other Shareholders' Comprehensive Equity Income Balance, 5 2,400,000 5 400.000 5 31,500,000 $ 1.250.000 5 35,550,000 January 1, 2020 Show calculations here