Distribution to different classes of shareholders  LO8 On 1 September 2020, Mouse Ltd went into liquidation. At that date, the equity of Mouse Ltd comprised the following. 200 000 ordinary shares issued for $2 and paid to $1.50 $ 300 000 300 000 ordinary shares issued for $1 and fully paid 300 000 $ 600 000 Required Prepare a statement detailing the distribution of cash to shareholders assuming that after realising the assets and paying all creditors, the liquidator had the following cash available to distribute to shareholders.

(a) $0

(b) $50 000

(c) $150 000

(d) $250 000