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under 30 mins pls GWS Information which relates to Crane Company, a Canadian public corporation traded on the Toronto Stock Exchange, for 2020 Net income
under 30 mins pls
GWS Information which relates to Crane Company, a Canadian public corporation traded on the Toronto Stock Exchange, for 2020 Net income Retained earnings, January 1, 2020 Cash dividends declared on common shares Correction of calculation error depreciation understatement in 2016 (pre tax) Gain on FV-OC Investments (net of tax) Proceeds from Issuance of Crane common shares Accumulated other comprehensive income, January 1, 2020 $419,000 815.000 35.000 460,000 225.000 59,000 17,000 On January 1, 2020, Crane had 22,000 common shares outstanding with a capital balance of 5550,000. During the year, Crane Company issued an additional 2,000 common shares Prepare in good form a statement of shareholders equity for the year ended December 31, 2020. Crane's income tax rate is 20%. (Enter expenses and losses using either a negative sig preceding the number es. 25 or parentheseses (251 Crane Company Statement of Shareholders' Equity For the year anded December 31, 2020 Common Shares Number Common Shares Retained Earnings Accumulated Other Comprehensive Income Net income Retained earnings, January 1, 2020 Cash dividends declared on common shares Correction of calculation error depreciation understatement in 2016 (pre-tax) Gain on FV-OCl investments (net of tax) Proceeds from issuance of Crane common shares Accumulated other comprehensive Income, January 1, 2020 $419,000 815,000 35.000 460,000 225,000 59.000 17,000 On January 1, 2020, Crane had 22,000 common shares outstanding with a capital balance of $550,000. During the year, Crane Company issued an additional 2,000 common shares. Prepare in good form a statement of shareholders equity for the year ended December 31, 2020. Crane's income tax rate is 20% (Enter expenses and losses using either a negative sign preceding the number 8.-25 or parentheses es. (251) Crane Company Statement of Shareholders' Equity For the year ended December 31, 2020 Common Shares Number Common Shares Retained Earnings Accumulated Other Comprehensive Income Beginning balance $ $ $ $ sunce of shares Prepare in good form a statement of shareholders equity for the year ended December 31, 2020, Crane's income tax rate is 20% (Enter expenses and losses using either a negative siam preceding the numberes.-25 or parentheses es. (25) Crane Company Statement of Shareholders' Equity For the year ended December 31, 2020 Common Shares Number Common Shares Accumulated Other Comprehensive Income Retained Earnings Total $ $ ning balance nce of shares come ends declared ction of 2016 depreciation understatement, net of tax ping balance usted 3 E R U P S D H K Step by Step Solution
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