Very Good Building Company (VGB) constructs commercial and residential buildings. All their shares were issued on January 1, 2019, and no dividends have ever been declared VGB's opening equity section of the balance sheet on January 1, 2021, appears as follows: Contributed capital: Preferred shares, $2.80, cumulative, 100,000 shares authorized 15,000 shares issued and outstanding. $ 261,000 Common shares, unlimited authorized 68,400 shares issued and outstanding. $ 352,000 Retained earnings Total Equity... $ 584.700 $1,197,700 D Very Good Building Company had the following transactions during 2021: • Jul 1, 2021: Declared and paid a $164.000 cash dividend . Aug 12, 2021: Declared and issued a 20% common share dividend when the market value of common shares was $2.00 • Nov 1, 2021: Sold 2,000 preferred shares for $3.80 per share Reported a profit for the year of $83,800 • Dec 31, 2021: Required: Prepare the statement of change in equity for December 31, 2021.