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4. The cooperative operates its plan according to a five-year base period. Suppose the board of directors has determined that the cooperative must have
4. The cooperative operates its plan according to a five-year base period. Suppose the board of directors has determined that the cooperative must have an additional $300 of equity capital to meet its financial requirements during the next year. The balance of each member's equity account is shown in column 2 of the table. Patronage attributable to each member during the five-year base period is shown in column 3. MEMBER Beginning Patronage during last five years A B C Equity 1000 3000 3500 7500 180 300 120 600 Required: Calculate The adjustment to be made in each member's equity account! 2/1
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