Use a spreadsheet or table format like the one in Chapter End Review Problem 11-4 to track the changes in all of the shareholders equity accounts over the two-year period. (If an amount reduces the account balance then enter with negative sign, e.g. -15,000 or in parenthesis, e.g. (15,000).)

		Preferred Shares		$		Common Shares		$		Retained Earnings		Total $
Shares issued		Enter a number of Preferred Shares.		Enter a dollar amount.		Enter a number of Common Shares.		Enter a dollar amount.		Enter numeric value.		Enter a dollar amount.
Shares issued		Enter a number of Preferred Shares.		Enter a dollar amount.		Enter a number of Common Shares.		Enter a dollar amount.		Enter numeric value.		Enter a dollar amount.
Pref. dividends - 2020		Enter a number of Preferred Shares.		Enter a dollar amount.		Enter a number of Common Shares.		Enter a dollar amount.		Enter numeric value.		Enter a dollar amount.
Net income - 2020		Enter a number of Preferred Shares.		Enter a dollar amount.		Enter a number of Common Shares.		Enter a dollar amount.		Enter numeric value.		Enter a dollar amount.
Pref. dividends - 2021		Enter a number of Preferred Shares.		Enter a dollar amount.		Enter a number of Common Shares.		Enter a dollar amount.		Enter numeric value.		Enter a dollar amount.
Common dividends - 2021		Enter a number of Preferred Shares.		Enter a dollar amount.		Enter a number of Common Shares.		Enter a dollar amount.		Enter numeric value.		Enter a dollar amount.
Stock dividends - 2021		Enter a number of Preferred Shares.		Enter a dollar amount.		Enter a number of Common Shares.		Enter a dollar amount.		Enter numeric value.		Enter a dollar amount.
Net income - 2021		Enter a number of Preferred Shares.		Enter a dollar amount.		Enter a number of Common Shares.		Enter a dollar amount.		Enter numeric value.		Enter a dollar amount.
		Enter a total number of Preferred shares.		Enter a total amount.		Enter a total number of common shares.		Enter a total amount.		Enter total numeric value.		Enter a total amount.

eTextbook and Media

List of Accounts

How large a dividend could the board of directors legally declare at the end of the second year?

Dividend

$Enter a dollar amount.

eTextbook and Media

List of Accounts

Prepare the shareholders equity section of the statement of financial position at the end of the second year.

Di Vidnd Corporation Shareholders Equity December 31, 2021
Select an opening subsection name.
Enter a balance sheet item.		$Enter a dollar amount.
Enter a balance sheet item.		Enter a dollar amount.
Enter a balance sheet item.		Enter a dollar amount.
Select a closing name for section.		$Enter a total amount for section.