Below are extracts from the statements of financial position of three companies as at 31 December 2017:

Bee’s tangible non-current assets were revalued on 1 January 2017 from a cost price of €300,000 to a revalued amount of €500,000. In Bee’s statement of profit or loss and other comprehensive income for 2017, the depreciation charge was based on the revalued amount.
Bee's tangible non-current assets are depreciated over 10 years, using the straight-line method.
Sea’s tangible non-current assets were revalued on 31 December 2017 from a cost price of €200,000 to a revalued amount of €300,000. However, in Sea’s statement of profit or loss and other comprehensive income for 2017 the depreciation charge was based on the cost price figure.
Requirement Calculate the maximum distribution which Hay, Bee and Sea can each make.

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ASSETS Tangible non-current assets Current assets EQUITY AND LIABILITIES Capital and Reserves Hay plc 000 Bee plc Sea Limited 000 000 1,200 700 300 600 400 300 1,800 1,100 600 Issued share capital 300 300 300 Reserves: Revaluation 200 200 100 Profit on sale of non-current assets 200 100 Retained earnings start of year 600 (200) (200) Statement of profit or loss and other comprehensive 300 600 300 income-profit or loss for the year 1,600 1,000 500 Current liabilities 200 100 100 1,800 1,100 600