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The Speedway Limited reported the following changes to its shareholders' equity accounts for the year ended December 31, 2018 Retained earnings Balance, Jan. 1 $88,000

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The Speedway Limited reported the following changes to its shareholders' equity accounts for the year ended December 31, 2018 Retained earnings Balance, Jan. 1 $88,000 $1,569.000 (27.000) Net income 437,000 $61.000 Dividends declared (67.000) Accumulated other comprehensive income: Balance, Jan. 1 Other comprehensive income Balance, Dec. 31 Contibuted surplus: Balance, Jan. 1 Common shares reaquired Balance, Dec. 31 Balance, Dec. 31 $1.939,000 $545,000 Common shares: (39,000) Balance, Jan. 1 $722.000 $506,000 Shares issued 177,000 Shares reacquired (195.000 Balance, Dec 31 $704,000 Prepare a statement of changes in equity for the year. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) THE SPEEDWAY LIMITED Statement of Changes in Equity For the Year Ended December 31, 2018 Common Shares Contributed Surplus Retained Earnings 88000 $ Balance Jan. 1 Issued common shares Common shares reacquired Net incorne Shares Surplus Earnings Balance Jan. 1 88000 $ Issued common shares Common shares rdacquired Net income Dividends declared Other comprehensive income 27000 Balance Dec. 31 $ 506000 $ $ $ Prepare the shareholders' equity section of the balance sheet at December 31. (Enter account name only and do not provide descriptive information.) THE SPEEDWAY LIMITED Statement of Financial Position (Partial) December 31, 2018 Shareholders' Equity Contributed Kapital > Common Shares $ $ Total Contributed Capital Retained Earnings Accumulated Other Comprehensive Income Total Shareholders Equity

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