2 At 1.1.2022, Gilligan Lid's statement of financial position showed the following: E Bank (overdraft) (25,000) Share capital: 600,000 shares of 10p each 60,000 Share premium 40,000 Revaluation reserve 58,000 Retained profits 86,000 On that day the company made a 7 for 4 bonus issue. The directors wish to avoid capitalising profits if they can manage it. After this transaction, which of the below reflects the correct balance in these accounts in the statement of financial position? Select one answer: E Bank (25,000) O Share capital: 165,000 Share premium Revaluation reserve CO 4 5 6 7 8 9 10 11 12 13 14 15 16Revaluation reserve Retained profits 79,000 E Bank 80,000 Share capital: 105,000 O Share premium 50,000 Revaluation reserve 13,000 Retained profits 86,000 E Bank 80,000 Share capital: 165,000 O Share premium 50,000 Revaluation reserve 44,000 Retained profits 57,000 E Bank (25,000) Share capital: 105,000 Share premium evaluation reserve 53,000 tained profits 86,000 4 O 6 7 8