The shareholders' equity accounts of Sheridan Inc. at December 31, 2020, are as follows: Preferred shares, $3 noncumulative, unlimited number authorized, 2,000 issued Common shares, unlimited number authorized, 150,000 issued Retained earnings Accumulated other comprehensive loss $200,000 750,000 430,000 (40,000) Sheridan has a 30% income tax rate. During the following fiscal year, ended December 31, 2021, the company had the following transactions and events: Feb. 1 July 12 Dec. 1 Repurchased 10,000 common shares for $40,000. 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 10% stock dividend to common shareholders of record at December 20, distributable on January 12, 2022. The fair value of the common shares was $10 per share. Determined that for 2021, profit before income tax was $320,000 and other comprehensive income, net of income tax expense of $35,400, was $82,600. Dec. 18 Dec. 31 Prepare a statement of changes in shareholders' equity for the year ended December 31, 2021. (Enter negative amount using either a negative sign preceding the number eg -45 or parentheses eg (45).) SH Statement of Char Preferred Shares Common Shares Stock Dividend Distributable Balance, January 1 $ $ $ Reacquired common shares Stock split 2 for 1 Cash dividends-preferred Stock dividends-common Comprehensive income Balance, December 31 $ $ HERIDAN INC. Tanges in Shareholders' Equity Contributed Surplus Reacquisition of Common Shares Retained Earnings Accumulated Other Comprehensive Income (Loss) Total $ $ $ $ HER $ $ $