CarFind Inc. showed the following equity information at December
Common shares, unlimited shares authorized; shares issued and outstanding $
Retained earnings
On April common shares were issued at $ per share. On June the board of directors declared a share dividend to shareholders of record on June ; the distribution date was July The market prices of the shares on June June and July were $ $ and $ respectively. On December the board of directors declared a : share split to shareholders of record on December ; the distribution date was December Profit earned during the year was $
Required:
Prepare the companys equity section on the December balance sheet.
