The following accounts appear in the ledger of Ozabal Inc. after the books are closed at December 31, 2018:

Accumulated other comprehensive loss.............................................................................$ 50,000

Common shares (unlimited number of shares authorized, 250,000 shares issued)............500,000

Stock dividends distributable...............................................................................................50,000

Contributed surplus..............................................................................................................25,000

Preferred shares ($1.25 noncumulative, 100,000 shares authorized, 10,000 shares issued)

............................................................................................................................................250,000

Retained earnings (of which $100,000 is restricted for a plant expansion).......................900,000

Instructions

Prepare the shareholders' equity section of Ozabal's statement of financial position, including any required note disclosure.