A company has $2,000,000 $1 shares at the start of the year.

During January the company increased its share capital by 40%. The company also has 400,000 $2, 6% preference shares, the dividends on which were paid in full. The company also paid an ordinary dividend of 10%.

If the EPS was $5,60, what was the met profit after tax for the

vear?

Select one:

a. $15,728,000

b. $16.160,000

c. $15,632,000

c. $15,680,000