Homework Answers
| SKYSONG INCORPORATED | |
| Statement of Financial Position (Partial) | |
| As at June 30, 2021 | |
| Shareholders' equity | |
| Contributed capital | |
| Preferred stock | $ 999,600 |
| Common stock | $ 1,209,000 |
| Total contributed capital | $ 2,208,600 |
| Retained earnings | $ 496,000 |
| Accumulated other comprehensive income | $ 745,000 |
| Total shareholders equity | $ 1,241,000 |
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