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Question 5 [5 points] Weber Inc, showed the following oquity Information as at Docombor 31, 2014, a. The preferred shares had sold for an averago price of $21. b. The common sharos had sold for an averago price of $0. c. Retained Earnings at December 31, 2013, was $330,000. During 2014, not incomo oarnod was $500,000. The board of directors declared a total cash dividond of $130,000, Use this information to complete the oquity section of the balanco shoot Wobor Inc. Equity Soction of the Balanco Shoot Docombor 31, 2014 Contributed capital: Preferred sharos, $3.00 non-cumulative, 400,000 shares authorized; 90,000 shares Issuod and outstanding Common shares; unlimited shares authorized; shares issued and outstanding Total contributed capital Retained earnings Total equity 5,265,000 ro