The Speedway Limited reported the following changes to its shareholders equity accounts for the year ended December 31, 2018.

Prepare a statement of changes in equity for the year.

Prepare the shareholders equity section of the balance sheet at December 31.

Accumulated other comprehensive income: Balance, Jan. 1 Other comprehensive income Balance, Dec. 31 Contibuted surplus: Balance, Jan. 1 Common shares reaquired Balance, Dec. 31 $1,438,000 386,000 (77,000) $1,747,000 Retained earnings: $87,000 Balance, Jan. 1 (25,000) Net income $62,000 Dividends declared Balance, Dec. 31 $526,000 Common shares: (38,000) Balance, Jan. 1 $488,000 Shares issued Shares reacquired Balance, Dec. 31 $860,000 166,000 (190,000) $836,000 THE SPEEDWAY LIMITED Statement of Changes in Equity Common Shares Contributed Surplus Retained Earnings Accumulated Other Comprehensive Income Total Balance Jan. 1 $ $ $ $ $ Issued common shares Common shares reacquired Net income Dividends declared Other comprehensive income Balance Dec. 31 $ $ $ THE SPEEDWAY LIMITED Statement of Financial Position (Partial) >