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Question 3 [4 points] Southgate Inc had the following balances in its equity accounts at December 31, 2014 Common shares, unlimited shares authorized 106,000 shares issued, and outstanding $3.900.000 Retained earnings $280,000 During 2015, the board of directors declared a 21 share split. Prepare the company's equity section at December 31, 2015 assuming a net income of S45,000 Southgate in Equity Section of Balance Sheet December 31, 2015 Contrbuted Capital Common shares, unlimited shares authonzed shares issued and outstanding Retained Earnings Total Equity