View Policies Current Attempt in Progress Presented below is Information which relates to Carla Vista Company, a Canadian public corporation traded on the Toronto Stock Exchange, for 2020, Net income Retained earnings, January 1, 2020 $436,000 820,000 Cash dividends declared on common shares 32,000 Correction of calculation error depreciation understatement in 2016 (pre-tax) 462.000 Gain on FV-OCI investments (net of tax) 214,000 Proceeds from issuance of Carla Vista common shares 56,000 Accumulated other comprehensive income, January 1, 2020 16,500 On January 1, 2020, Carla Vista had 22,000 common shares outstanding with a capital balance of $550,000. During the year, Carla Vista Company issued an additional 2.000 common shares. Prepare in good form a statement of shareholders equity for the year ended December 31, 2020. Carla Vista's income tax rate is 20%. (Enter expenses and losses using either a negative sign preceding the number eg.-25 or parentheses eg. (25)) On January 1, 2020, Carla Vista had 22,000 common shares outstanding with a capital balance of $550,000. During the year, Carla Vista Company issued an additional 2,000 common shares. Prepare in good form a statement of shareholders equity for the year ended December 31, 2020. Carla Vista's income tax rate is 20%. (Enter expenses and losses using either a negative sign preceding the number eg.-25 or parentheses eg. (25)) Common Shares Number Carla Vista Company Statement of Shareholders' Equity For the year ended December 31, 2020 Common Shares Save for Later Last saved 12 seconds ago. Saved work will be auto-submitted on the due date. Auto- suhmission can take up to 10 minutes. Attempts: 0 of 5 used Submit Amwer 2,000 common shares. Prepare in good form a statement of shareholders equity for the year ended December 31, 2020. Carla Vista's income tax rate is 20%. (Enter expenses and losses using either a negative sign preceding the number eg.-25 or parentheses e.g. (25).) Carla Vista Company Statement of Shareholders' Equity or the year ended December 31, 2020 Common Shares Retained Earnings Accumulated Other Comprehensive Income Total $ $ Save for Later Last saved 12 seconds ago. Attempts: 0 of 5 used Submit