Ivanhoe Rental Corporation had the following balances in its shareholders' equity accounts at January 1,...
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Ivanhoe Rental Corporation had the following balances in its shareholders' equity accounts at January 1, 2024: Ivanhoe had the following transactions and events during 2024: Feb. 2 Repurchased 1,000 shares for $40,000. Apr. 17 Declared and paid cash dividends of $76,000. Oct. 29 Issued 2,100 shares for $106,000 cash. Dec. 31 Reported comprehensive income for the year of $472,000, which included other comprehensive income of $50,000. Prepare a statement of changes in shareholders' equity at December 31, 2024. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Prepare a statement of changes in shareholders' equity at December 31, 2024. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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