At December 31, 2015, Kingston Company reported the following on its comparative statement of financial position, which included 2014 amounts for comparison:

1. How much did Kingston Company's total share capital increase during 2015? What caused total share capital to increase? How can you tell?
2. Did Kingston Company have a profit or a loss for 2015? How can you tell?

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December 31 2014 2015 Common Shares, 500,000 shares authorized, 350,000 shares issued and outstanding in 2015; 349,000 shares in 2014 Retained Earnings $ 473,000 $ 439,250 2,500,000 2,250,000