13.02 The equity structure of Abacus Plc at 1 January 2019 was as follows: m Ordinary shares of 1.00 each 10.0 3.0 1.8 Share premium account Retained earnings During 2020 the directors of Abacus Plc made a bonus issue of two ordinary shares for every five existing shares. The share premium account was used for this purpose. Profit for the year was 0.4m and a dividend was paid during the year of 0.1m. Calculate the bonus issue, show the double entry and set out equity of Abacus Plc at 31 December 2020.