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White Pear Inc., an organic soap manufacturer, showed the following equity Information as at December 31, 2017: White Pear Inc Equity Section of the Balance

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White Pear Inc., an organic soap manufacturer, showed the following equity Information as at December 31, 2017: White Pear Inc Equity Section of the Balance Sheet December 31, 2017 Contributed capital: Preferred shares, $3.60 non-cumulative; 100,000 shares authorized 79,000 shares issued and outstanding Common shares; unlimited shares authorized 2 shares issued and outstanding Total contributed capital Retained earnings Total equity 1$ 7,102,000 Other information: a. The preferred shares had sold for an average price of $40,00 b. The common shares had sold for an average price of $14.60 c. Retained Earnings at December 31, 2016, was $196,000. During 2017, profit eamed was $1,768,000. The board of directors declared a total cash dividend of $560,000 Required: Calculate the missing figures. WHITE PEAR INC. Equity Section of the Balance Sheet December 31, 2017 Contributed capital Preferred shares. $3.60 non-cumulative: 100.000 shares authorized 79.000 shares issued and outstanding Common shares, unlimited shares authorized shares issued and outstanding Total contributed capital Retained earnings Total equity $ 7.102.000 Book Air

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