The issued share capital of Rahman Ltd was as follows:

● 1,000,000 £1 ordinary shares

● 300,000 £1 7% preference shares.

Profits for the year were £64,140 and the retained earnings from the last statement of financial position were £87,554. The preference dividends were paid in full and the directors proposed and paid an ordinary dividend of 4p per share.

Construct the statement of changes in equity.