View Policies Show Attempt History Current Attempt in Progress Major Communications Ltd., a publicly traded company that specializes in data capture has been in operation for several years. On October 1, 2019, it has 10 million common shares authorized and 1,390,000 shares issued at an average value of $30 per share. As well, there were 1 million preferred shares authorized with 100,000 of them issued at $16 per shars. During the fiscal year anded September 30, 2020, the company generated net income after taxes of $22,850,000 and other comprehensiva loss of $5,360,000. On October 1, 2019, the balance in Retained Earnings was $21.950,000 and the balance in Accumulated Other Comprehensive Income was $1.070,000. The preferred shares pay an annual dividend of $1.30. During the fiscal year 2020, the following transactions affected shareholders' equity: 1. 2. On November 1, 2019, 410,000 new common shares were issued at $32 per share. . On March 15, 2020,25% common stock dividend on the outstanding shares was declared and distributed when the market price was $42 per share. On September 1, 2020, a dividend of $5.15 par common shars was declared. The data of record was September 15, 2020, - $. date , with the date of payment being October 5, 2020. The preferred dividend for the year was declared and paid. (a1) ) - Your answer is partially correct. Prepare the statement of changes in shareholders' equity as at September 30, 2020. (If an amount reduces the account balance then enter with negative sign.es -15,000 or in parenthesis, eg (15,000 Number of common shares Common shares Number of preferred shares Oct 1, 2019 1,390,000 S 41,700,000 Common shares issued 410,000 13.120,000 Stock dividend common shares 90,000 3,780,000 Common cash dividends Preferred cash dividend Net income Other comprehensive loss Sept 20.2020 1.890,000 S 58,600,000 e e Textbook and Media List of Accounts Attempts: 2 of 2 used (a2) Prepare the shareholders' equity section of the statement of financial position as at September 30, 2020. (Enter negative answers using either a negative sign preceding the numbereg.-5.125 or parentheseseg. 15.125 Major Communications Ltd. Shareholders' Equity September 30, 2020 Total Shareholders' Equity S eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit. Anar