York Inc. had Retained Earnings of $60,000 at its fiscal year end on October 31, 2019. At that time, it had $75,000 in common shares and $20,000 in $2 preferred shares. During 2020, the company earned net income of $155,000 and declared dividends of $17,000. Additional common shares were sold in 2020 for $25,000. Complete York Inc.’s statement of shareholders’ equity for the year ended October 31, 2020.

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YORK INC. Statement of Shareholders' Equity For the Year Ended October 31, 2020 Total Common Preferred Retained Shareholders' Shares Shares Earnings Equity Balance, October 31, 2019 Balance October 31, 2020