Brubacher Corporation's post-closing trial balance at December 31, 2014, was as follows:

At December 31, 2014, Brubacher had the following numbers for its common and preferred shares:

                                        Common             Preferred
Authorized ...............600,000 ................ 60,000
Issued .................... 200,000 ................. 10,000
Outstanding ............. 190,000 ................ 10,000

The dividends on preferred shares are $5 cumulative. In addition, the preferred shares have a preference in liquidation of $50 per share.
Instructions
Prepare the shareholders' equity section of Brubacher's statement of financial position at December 31, 2014. The company follows IFRS.

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BRUBACHER CORPORATION Post-Closing Trial Balance December 31, 2014 Dr Accounts payable $310,000 $480,000 Accumulated depreciation- buildings Accumulated other comprehensive income Contributed surplus common Allowance for doubtful accounts Bonds payable Buildings 185,000 100,000 1,460,000 30,000 300,000 1,450,000 190,000 1 Common shares Dividends payable on preferred shares (cash) Inventories FV-NI investments 200,000 4,000 360,000 200,000 400,000 Preferred shares Prepaid expenses Retained earnings Treasury shares (10,000 common shares) otals 500,000 201,000 $3,290,000 40,000 170,000 $3,290,000