1 Your company, Living Planet plc, was formed in 2015 to develop technologies that combat climate change.

You started the firm with £80,000 financing, which consisted of 3,000 shares of equity amounting to £60,000 and a £20,000 bank loan. The company is listed on the small companies exchange and has accumulated earnings of £120,000. The share price is £7.50. You plan to expand the firm into solar technologies and have agreed to issue 1,000 new shares to a local investor. Construct the equity statement for your company before and after the share issue. The statement must include the total par value, additional paid-in capital, and book value per share. (40 marks)