Current Attempt in Progress Presented below is information which relates to Carla Vista Company, a Canadian public corporation traded on the Toronto Stock Exchange, for 2020 Net income Retained earnings, January 1, 2020 Cash dividends declared on common shares Correction of calculation error depreciation understatement in 2016 (pre-tax) Gain on FV-OCl investments (net of tax) Proceeds from issuance of Carla Vista common shares Accumulated other comprehensive income, January 1, 2020 $405,000 790,000 32,000 459,000 200,000 60,000 17,500 On January 1, 2020, Carla Vista had 20,000 common shares outstanding with a capital balance of $500,000. During the year, Carla Vista Company issued an additional 2,000 common shares. Prepare in good form a statement of shareholders equity for the year ended December 31, 2020. Carla Vista's income tax rate is 20%. (Enter expenses and losses using either a negative sign preceding the number eg.-25 or parentheses eg. (25).) Carla Vista Company Statement of Shareholders' Equity Common Shares Number Common Shares $ OTHE IDA eTextbook and Media Save for Later Attempts: 0 of 5 used Submit