10(f)

Swifty Corporation has the following shareholden equityon July 31, 2920. Assume that on lane 15.2024. Swifty paid the preferred dividend for the currentyour (there were no dividend in arrear) and id a dividend of $2 to each common shareholden The company earned 542000 in profit during 2024 . The July 31,2024 finasial staterments will showan ending balance inretained earnings of $555000. 5513000. Assume that on June 15, 2024, Swinty pald the preferred dividend for the current year (there vere no dividends in arreiri) and puld a dividend of $2 to each common sharsholder. The compacyearned 342000 in prohit during 2024 , Thut fuly 31,2024 , farancial. statements wilt show an ending balance in reteined exnings of $5550005513000$450800$487800