6. The shareholders' equity section of BC Co. at December 31, 2019 was:

Common shares, no par value; authorized 20,000 shares;

issued and outstanding 10,000 shares.................... $ 50,000

Retained earnings.................................................... 200,000

$ 250,000

On March 30, 2020, when the market value of BC Co.'s shares was $12 per share, the Board of Directors declared a 5% stock dividend valued at that day's market per share value to be distributed on April 15, 2020. BC Co. reported a net operating loss of $20,000 for the first quarter of 2020.

Determine by how much (one figure; supporting calculations) the total shareholders' equity changed from December 31, 2019 to March 31, 2020.

7. On December 1, 2020, BC Co., an ASPE reporting company, issued 500 of its 9%, $ 1,000 bonds at 103. Attached to each bond was one detachable warrant entitling the holder to purchase ten of BC Co.'s common shares. At this time, the market value of the bonds, without the warrants, was 95, and the market value of each warrant was $50. Separate Discount or Premium accounts are applied as needed.

Prepare all entry(ies) available to BC Co. to record this issue.

8. BC Co., an IFRS reporting company, issued $ 4,000,000, 5-year, 8% convertible bonds at par. Bonds pay interest annually. Each $ 1,000 bond is convertible to 200 of BC Co.'s no par value common shares, which are currently trading at $25 each. The current market rate for similar non-convertible bonds is 10%.

Determine by how much, if at all, shareholders' equity will change by issuing these bonds.

9. During 2020, BC Co. had 200,000 common shares, 30,000 non-cumulative convertible preferred shares, and $ 1,500,000 10% convertible bonds outstanding. The preferred shares are convertible into 40,000 common shares. During 2020, BC Co. paid dividends of $ 1.20 per share to the common shares and $ 2.00 per share to the preferred shares. Each $ 1,000 bond is convertible into 45 common shares. The net income for 2020 was $900,000and the income tax rate was 30%.

Calculate, show calculations, the diluted EPS for 2020.

10. Presented below is information related to BC Co.'s defined benefit pension plan for calendar 2020 reporting under IFRS.

Defined benefit obligation, Jan 1................... $ 200,000

Pension plan assets, Jan 1........................... 180,000

Current service cost................................... 27,000

Contributions to plan.................................. 25,000

Expected return on plan assets............................ 8,000

Actual return on plan assets......................... 9,000

Benefits paid to retirees.............................. 40,000

Calculate, show calculations, the value of the Pension Plan Assets at December 31, 2020.