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2. Based on the following financial statement information and the events occurring during the following year, complete the requirements below. BIZ INC. Equity Section of

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2. Based on the following financial statement information and the events occurring during the following year, complete the requirements below. BIZ INC. Equity Section of the Balance Sheet December 31, 2019 Contributed Capital: Preferred Shares, $2.00 cumulative; 40,000 shares authorized; 2,500 shares issued and outstanding............ Common Shares 100,000 shares authorized; 10,000 shares issued and outstanding........... Total contributed capital.......... A *** B $138,000 c Retained Earnings...... Total Shareholders' Equity...... Required: (8 marks) 1. Calculate "A, assuming an average issue price of E. 2. Calculate "B". 3. Calculate "C", assuming a beginning of year Retained Earnings credit balance of SF $40,000 during 2019; and dividends of $G paid in 2019. 4. Calculate "D" 1:a net loss of

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