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Question 2 [4 points) Allarco Inc. had the following balances in its equity accounts at December 31, 2014: Common shares, unlimited shares authorized, 138,000 shares issued, and outstanding $1,380,000 Retained earnings $285,000 During 2015, the board of directors declared a 2:1 share split. Prepare the company's equity section at December 31, 2015 assuming a net loss of $42,000 Allarco Inc. Equity Section of Balance Sheet December 31, 2015 Contributed Capital Common shares, unlimited shares authorized; shares issued and outstanding Retained Earnings Total Equity