The shareholders' equity accounts of Ivanhoe Inc. at December 31, 2020, are as follows: Preferred shares, $3 noncumulative, unlimited number authorized, 3,000 issued Common shares, unlimited number authorized, 180,000 issued Retained earnings Accumulated other comprehensive loss $300,000 900,000 420,000 (45,000) Ivanhoe has a 35% income tax rate. During the following fiscal year, ended December 31, 2021, the company had the following transactions and events: Dec. 1 Feb. 1 Repurchased 10.000 common shares for $40,000. July 12 Announced a 2-for-1 preferred stock split. The market price of the preferred shares at the date of announcement was $150. Declared the annual cash dividend ($1.50 post-split) to the preferred shareholders of record on January 10, 2022, payable on January 31, 2022 Declared a 5% stock dividend to common shareholders of record at December 20, distributable on January 12, 2022. The fair Dec. 18 value of the common shares was $11 per share. Determined that for 2021, profit before income tax was $360,000 and other comprehensive income, net of income tax expense Dec. 31 of $36,750, was $68.250. IVANHOE INC. Statement of Changes in Shareholders Equity Preferred Shares Common Shares Stock Dividend Distributable Contributed Surph Reacquisition of Common Shares Balance, January 1 $ Reacquired common shares Stock split 2 for 1 Cash dividends-preferred Stock dividends-common Comprehensive income $ $ $ $ $ Balance, December 31 IVANHOE INC. Statement of Changes in Shareholders' Equity Stock Dividend Distributable Contributed Surplus Reacquisition of Common Shares Retained Earnings Accumulated Other Comprehensive Income (Loss) Total $ $ $ $ $