Exercise 13-5 Share dividend, share split, equity section of balance sheet L01 CHECK FIGURE: Equity Dec. 31, 2020 = $3,836,480 CarFind Inc showed the following equity information at December 31, 2019. Common shares, unlimited shares authorized: 4,000,000 shares issued and outstanding. $1,004,480 Retained earnings 1.312,000 On April 1, 2020, 200,000 common shares were issued at $0,60 per share. On June 1, the board of directors declared a 15% share dividend to shareholders of record on June 15; the distribution date was July 1. The market prices of the shares on June 1. June 15, and July I were $2,08, $1.76, and $1.96, respectively. On December 11, the board of directors declared a 2:1 share split to shareholders of record on December 15; the distribution date was December 20. Profit earned during the year was $1.400,000 Required Prepare the company's equity section on the December 31, 2020, balance sheet