The Statement of Changes in Shareholders' Equity for Creative Minds Inc. for the year ended December 31, 2020, was as follows: Creative Minds Inc. Statement of Changes in Shareholders' Equity For the Year Ended December 31, 2020 Total Common Retained Shareholders' Shares Earnings Equity Balance, December 31, 2019 $225,000 $140,000 $365,000 Net loss ($60,000) ($60,000) Cash dividends ($25,000) ($25,000) Issuance of shares 40,000 $40,000 Stock dividends 50,000 ($50,000) Balance, December 31, 2020 $315,000 $5,000 $0 $320,000 Required: 1. The opening balance of total shareholders' equity was $ 2. Common shares increased during the year by $ 3. In total, how much cash did the owners of Creative Minds Inc. receive during 2020 as a return on their investment? 4. What dollar impact did the stock dividends have on total shareholders' equity? $ 5. At the end of 2020, how much income has Creative Minds Inc. retained in the business (that is, not given back to its shareholders) since its inception?