a. The company increased its share capital from TL 125.000 to TL 250.000 TL 62.500 of the increase P 12-4 The partial statement of financial position of Sunny Corporation, as of 31 December 20X8, is presented below. Additional Information: 1. Paid-in capital of the company consisted of 125.000 shares with TL 1 par value each. 2. Net income for the year ended 31 December 20X9 was TL 387.000. 3. The following transactions occurred during 20X9: came from existing shareholders exercising their preemptive rights to buy the shares at par value; and TL 62.500 increase in cash was the result of issuing remaining shares at TL 1,975. The increase of the share capital was decided by the General Assembly on 31 March 20X9, and an increase of share capital in cash was realized on 5 May 20X9. b. The General Assembly decided to appropriate profits on 31 March 20x9 as follows: i. Legal reserves TL 23.625 ii. Total TL 95.000 of cash dividends to shareholders iii. TL 28.000 of cash dividends to the board of directors c. The remaining net income was added to retained earnings. a. The company increased its share capital from TL 125.000 to TL 250.000 TL 62.500 of the increase P 12-4 The partial statement of financial position of Sunny Corporation, as of 31 December 20X8, is presented below. Additional Information: 1. Paid-in capital of the company consisted of 125.000 shares with TL 1 par value each. 2. Net income for the year ended 31 December 20X9 was TL 387.000. 3. The following transactions occurred during 20X9: came from existing shareholders exercising their preemptive rights to buy the shares at par value; and TL 62.500 increase in cash was the result of issuing remaining shares at TL 1,975. The increase of the share capital was decided by the General Assembly on 31 March 20X9, and an increase of share capital in cash was realized on 5 May 20X9. b. The General Assembly decided to appropriate profits on 31 March 20x9 as follows: i. Legal reserves TL 23.625 ii. Total TL 95.000 of cash dividends to shareholders iii. TL 28.000 of cash dividends to the board of directors c. The remaining net income was added to retained earnings