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The following transactions and events occurred during 206 : a. Net income amounted to $42 million. b. The value of trademarks was written off after ARC lost a patent protection lawsut c. An additional $1.5 million of convertible bonds w as transferied from the debt portion to the equity portion. d. An accounting policy was changed due to a new IFRStaking effed in 20x6; the effed of retrospedve restaternent was to red prlor years earnings by an aggregate amount of $43 million. e. The future llability for ste restor atlon was increased by $4 million. f. Common shares with a stated value of $17 million were repurchased on the open market for $25 million and cancelled. The 15 s price of the shares amounted to $21 million, of whidh $4 millon had been cedited to contributed surplus. 9. A new dass of preferred shares was issued to a major public secor penslon plan for $76 million to finance future development h. Dividends totalling $26 million were issued during the year. Of that amount, $4 millon were declared on 24 December 206, payable to shareholders of record on January 15,207. 1. The translated amount of ARC ' investment in Mongollan subsidiary dedined by $5 million due to a rise in the value of the Canadian dollar. Required: Prepare a statement of changes in equity for Atlantic Refinery Corp for theyear ended 31 December 20x6. iEnter ansuser in thousands, not in million or in vhole C anadlan dollars Nejative amounts should be indicated by a minus sign

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