At December 31, 2017, KD Corporation reported the following on its comparative balance sheet, which included 2016 amounts for comparison:

1. How much did KD Corporation's total contributed capital increase during 2017? What caused total contributed capital to increase? How can you tell?
2. Assuming no dividends were declared during 2017, did KD Corporation have a profit or a loss for 2017? How can you tell?

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December 31 2017 2016 Common shares Authorized: 10,000 shares Issued: 3,600 shares in 2017 $85,000 $79,000 46,800 3,490 shares in 2016 Retained earnings 50,800