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XYZ Corporation had the following shareholders' equity balances at January 1, 2018: $800,000 Common shares, unlimited authorized, 200,000 issued... 120,000 Retained earnings.... 30,000 ### Accumulated

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XYZ Corporation had the following shareholders' equity balances at January 1, 2018: $800,000 Common shares, unlimited authorized, 200,000 issued... 120,000 Retained earnings.... 30,000 ### Accumulated other comprehensive income.... The following events occurred in 2018: 1. Issued 50,000 common shares for $150,000 cash. 2. Declared and paid dividends of $25,000. 3. Reported profit of $40,000. 4. Reported other comprehensive income of $10,000. Instructions Prepare a statement of changes in equity using a tabular format. To obtain full marks, show your calculations

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