Question: please answer my assignment The equity sections from the 2020 and 2021 balance sheets of Fab-Form Industries Inc. appeared as follows: Fab-Form Industrien Inc. Equity

please answer my assignment please answer my assignment The equity sections from the 2020 and 2021

The equity sections from the 2020 and 2021 balance sheets of Fab-Form Industries Inc. appeared as follows: Fab-Form Industrien Inc. Equity Section of the Balance Sheet December 31, 2020 Contributed capitalt Common shares, unlimited shares authorized, 96,300 sharen issued and outstanding $ 691,000 Retained earnings 561,608 Total equity $1,252,608 Pab-Form Industries Inc. Equity Section of the Balance Sheet December 31, 2021 Contributed capital: Common shares, unlimited shares authorized, 115,800 shares issued and outstanding Retained earnings Total equity $ 839,200 462,600 $1,301,800 On March 16, June 15, September 5, and November 22, 2021, the board of directors declared $0.20 per share cash dividends on the outstanding common shares. On October 14, 2021, 19,500 additional common shares were issued. Required: Under the assumption that there were no transactions affecting retained earnings other than the ones given, determine the 2021 profit loss) of Fab-Form Industries Inc

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