Question: b ) Prepare a statement of changes in equity for the year ended June 3 0 , 2 0 2 0 . Please make sure

b) Prepare a statement of changes in equity for the year ended June 30,2020. Please make sure your final answer(s) are accurate to the nearest whole number.
Can you please help me get the formulas for all of the questions in the tables. I have trouble understandin
Marking:
Your answer was: $552,700
The correct answer was: $587,090
Net income loss Additional information:
The company is publically traded and follows IFRS and its income tax rate is 30%. On June 30,2020, the number of common shares outstanding was 110,000 and there were no changes to common shares during the fiscal year. The ending balance for preferred shares of $28,800 includes issuing 1,100 preferred shares at $8 per share in the current year. The market price per common share on the reporting date was $26.62.g how to find the answer for All of these.
 b) Prepare a statement of changes in equity for the year

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