Fisher Inc. began operations on January 1, 2020. During its first year, $750,000 of common shares were issued and a loss of $28,000 was realized. In 2021, Fisher’s second year of operations, an additional $125,000 of common shares were issued, profit of $148,000 was earned, and dividends of $40,000 were declared and paid. Prepare a statement of changes in equity for the year ended December 31, 2021.