FULL SCREEN PRINTER VERSION BACK NEXT Question On January 1, 2021, Kraft Company had 52,000 common shares, recorded at $434,000. The company follows IFRS Assume the balance in fata ed ilming at the beginning of the year is $400,000 and profit for the year was $185,000. During the year, the following transactions occurred: Apr. 1 Issued 10,000 common shares at 19 per share. June 15 Declared a 65 stock divided to shareholders of record on September 5, distributable on September 20. The shares were trading for $12.50 a share at this time Sep 21 Announced a 2-for-1 stock split, Shares were trading at $10.25 per share at the time Issued 2,000 common shares at $3.10 per share. Dec 20 Repurchased 10,000 common shares for $5 per share. This was the first time Hun had repurchased its own shares Dec. 27 Paid cash dividends of $37,000 Nov. 1 (b) Prepare the Retained Earnings section only of the statement of changes in shareholders' equity. Kraft Company Statement of Changes in Shareholders' Equity LINK TO TEXT LINK TO TEXT