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The Speedway Limited reported the following changes to its shareholders' equity accounts for the year ended December 31, 2018 $93,000 (23,000) $70,000 Accumulated other comprehensive
The Speedway Limited reported the following changes to its shareholders' equity accounts for the year ended December 31, 2018 $93,000 (23,000) $70,000 Accumulated other comprehensive income: Balance, Jan. 1 Other comprehensive income Balance, Dec. 31 Contibuted surplus: Balance, Jan. 1 Common shares reaquired Balance, Dec. 31 $1,432,000 388,000 (68,000) $1,752,000 Retained earnings: Balance, Jan. 1 Net income Dividends declared Balance, Dec. 31 Common shares: Balance, Jan. 1 Shares issued Shares reacquired Balance, Dec. 31 $488,000 (36,000) $452,000 $781,000 193,000 (180,000) $794,000 Statement of changes in equitty contorbuted sucoples Common shares Retained eanings Accennaleted other comprehensive Incone. 781,000 488.000 1,432,000 93,000 Balance January ! Issued common shares 193,000 (120,000 (36,000) Common shares se equired Net Income 388.000 Dividend Declared (68,000 other compachensive Income (23,000) $794,000 Balance December 31 $ 452,000 $1,752,000 $ 70,000 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) + 4 $ 4 $ $ $
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