These financial statement items are for Flounder Corporation for the year end, July 31, 2022.

Salaries payable		$ 5,775
Salaries expense		51,760
Utilities expense		22,550
Equipment		33,270
Accounts payable		4,125
Service revenue		76,740
Rent revenue		7,860
Bank loan payable		1,800
Common shares, August 1, 2021		15,270
Cash		27,920
Accounts receivable		17,080
Accumulated depreciation-equipment		5,770
Dividends declared		4,400
Depreciation expense		3,990
Interest expense		100
Interest payable		100
Income tax expense		1,500
Retained earnings, August 1, 2021		29,400

Flounder issued $ 15,730 of common shares during the year.

Prepare a statement of changes in equity for the year ended July 31, 2022. (If an amount reduces the account balance then enter with negative sign e.g. -45 or parentheses e.g. (45).)

FLOUNDER CORPORATION Statement of Changes in Equity Common Shares Retained Earnings Total Equity $ $ $ $ $