Question: The following account balances were selected from the records of Blake Corporation at December 31, year 2, after all adjusting entries were completed: The stock

 The following account balances were selected from the records of Blake
Corporation at December 31, year 2, after all adjusting entries were completed:

The following account balances were selected from the records of Blake Corporation at December 31, year 2, after all adjusting entries were completed: The stock price was $22.97 per share on that date. Required: 1. Identify the amounts that would be reported in the retained earnings column of the statement of changes in equity for year 2. 2. Prepare the sharehoiders' equity section of the statement of financlai position at December 31 year 2. 2. Prepare the shareholders' equity 'sectlon of the statement of financial position at December 31, year 2. 3. Compute and evaluate the dividend yleld ratio. (Do not round intermedlate calculations. Round percentage answer to 2 decima places (l.e., 0.1243 should be entered as 12.43) )

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