Statement of Changes in Equity (VI) Presented below is information which relates to Sheridan 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 Gain on FV-OCl investments (net of tax) Proceeds from issuance of Sheridan common shares Accumulated other comprehensive income, January 1, 2020 $443,000 815,000 36,000 473,000 213,000 60,000 15,500 On January 1, 2020, Sheridan had 22,000 common shares outstanding with a capital balance of $550,000. During the year, Sheridan Company issued an additional 2,000 common shares. Instructions: Prepare in good form a statement of changes in shareholders equity in good form for the year ended December 31, 2020. Sheridan's income tax rate is 20% (10 marks) Sheridan Company Statement of Changes in Equity As at December 31, 2020