XYZ Ltd recorded the net profit of $10,000,000 for the year ended 30 June 2020. XYZ Ltd has the investment revaluation reserve of -$4,000,000; employee equity benefits reserve of -$1,000,000; and foreign currency translation reserve of -$20,000,000. During the period, XYZ had reported net revaluation reserve of $1,500,000 resulting from revaluation of its land due to increasing land value. The foreign currency translation of XYZ Ltd resulted in a net loss of 7,000,000. A new accounting standard has also been introduced, which has decreased the retained earnings amounting to $4,000,000. Retained earnings at the beginning of the financial year were $2,500,000,000, and dividends of $750,000,000 were paid during the financial year. Issued share capital at 1 July 2019 was $5,250,000,000. XYZ Ltd distributed $4,500,000 of share-based incentives to its employees and bought back its own shares from the market for $550,000,000. REQUIRED: Prepare a statement of changes in equity for the XYZ Ltd in conformity with AASB 101 There is a word count below the text area. XYZ Ltd recorded the net profit of $10,000,000 for the year ended 30 June 2020. XYZ Ltd has the investment revaluation reserve of -$4,000,000; employee equity benefits reserve of -$1,000,000; and foreign currency translation reserve of -$20,000,000. During the period, XYZ had reported net revaluation reserve of $1,500,000 resulting from revaluation of its land due to increasing land value. The foreign currency translation of XYZ Ltd resulted in a net loss of 7,000,000. A new accounting standard has also been introduced, which has decreased the retained earnings amounting to $4,000,000. Retained earnings at the beginning of the financial year were $2,500,000,000, and dividends of $750,000,000 were paid during the financial year. Issued share capital at 1 July 2019 was $5,250,000,000. XYZ Ltd distributed $4,500,000 of share-based incentives to its employees and bought back its own shares from the market for $550,000,000. REQUIRED: Prepare a statement of changes in equity for the XYZ Ltd in conformity with AASB 101