Crane Limited reported the following changes to its shareholders' equity accounts for the year ended December...
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Crane Limited reported the following changes to its shareholders' equity accounts for the year ended December 31, 2024. Accumulated other comprehensive income: Retained earnings: Balance, Jan. 1 $82,000 Balance, Jan. 1 $1,420,000 Other comprehensive loss (25,000) Net income 397,000 Balance, Dec. 31 $57,000 Dividends declared (66,000) Contributed surplus: Balance, Dec. 31 $1,751,000 Balance, Jan. 1 $515,000 Common shares: Common shares repurchased Balance, Dec. 31 (42,000) Balance, Jan. 1 $858,000 $473,000 Shares issued 189,000 Shares repurchased (210,000) Balance, Dec. 31 $837,000 Prepare a statement of changes in equity for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Balance Jan. 1 Issued common shares Common shares reacquired Net income Dividends declared Other comprehensive loss Balance Dec. 31 CRANE LIMITED Statement of Changes in Equity Common Shares Contributed Surplus $ $ $ $ Retained Earnings Crane Limited reported the following changes to its shareholders' equity accounts for the year ended December 31, 2024. Accumulated other comprehensive income: Retained earnings: Balance, Jan. 1 $82,000 Balance, Jan. 1 $1,420,000 Other comprehensive loss (25,000) Net income 397,000 Balance, Dec. 31 $57,000 Dividends declared (66,000) Contributed surplus: Balance, Dec. 31 $1,751,000 Balance, Jan. 1 $515,000 Common shares: Common shares repurchased Balance, Dec. 31 (42,000) Balance, Jan. 1 $858,000 $473,000 Shares issued 189,000 Shares repurchased (210,000) Balance, Dec. 31 $837,000 Prepare a statement of changes in equity for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Balance Jan. 1 Issued common shares Common shares reacquired Net income Dividends declared Other comprehensive loss Balance Dec. 31 CRANE LIMITED Statement of Changes in Equity Common Shares Contributed Surplus $ $ $ $ Retained Earnings
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