Abbotsford Food Specialties Inc. reported the Statement of Changes in Shareholders' Equity shown for year ended June 30, 20X4. The company was founded in 20X1 and issued 453 million common shares had been no further share transactions until 20X4. View the Statement of Changes in Shareholders' Equity Read the requirements Requirement 1. If the company's income tax rate is 29 percent, how much income before income tax dic Abbotsford Food Specialties report on the income statement? Enter the amounts into the following table, and then calculate the income before income tax. Be sure to enter the income tax rate as a percentage. (Enter amounts in millions as provided in the problem statement. Round your answer to the nearest whole number.) Net income + (1-Income tax rate ) = 29 % 534 ) = (1 Requirement 2. What is the stated value of a common share as of June 30, 20X3? Enter the amounts into the following table, and then calculate the stated value per common share. (Enter amounts in millions as provided in the problem statement. Round your answer to the nearest cent. Stated value per common share - Common shares balance, June 30, 20X3 2270 - Total proceeds from common shares 2584 - = Number of common shares outstanding, June 30, 20X3 453 Income before income tax 752 Requirement 3. At what price per share did Abbotsford Food Specialties issue its common shares during the year? Enter the amounts into the following table, and then calculate the issue price per common share. (Enter amounts in millions as provided in the problem statement. Round your answer to the nearest whole dollar.) Total number of common shares issued 453 I = H 5.0 Issue price per common share 5.7

Abbotsford Food Specialties Inc. reported the Statement of Changes in Shareholders' Equity shown for year ended June 30,204. The company was founded in 201 and issued 453 million common shares had been no further share transactions until 204. Read the requirements. Requirement 1. If the company's income tax rate is 29 percent, how much income before income tax di Abbotsford Food Specialties report on the income statement? Enter the amounts into the following table, and then calculate the income before income tax. Be sure to enter the income tax rate as a percentage. (Enter amounts in millions as provided in the problem statement. Round your answer to the nearest whole number.) Requirement 2. What is the stated value of a common share as of June 30,203 ? Enter the amounts into the following table, and then calculate the stated value per common share. (Enter amounts in millions as provided in the problem statement. Round your answer to the nearest cent. Requirement 3. At what price per share did Abbotsford Food Specialties issue its common shares during the year? Enter the amounts into the following table, and then calculate the issue price per common share. (Enter amounts in millions as provided in the problem statement. Round your answer to the nearest whole dollar.) Requirement 4. Abbotsford Food Specialties's Statement of Changes in Shareholders' Equity lists the share transactions in the order in which they occurred What was the percentage of the stock dividend? Enter the amounts into the following table, and then calculate the stock dividend percentage. (Enter amounts in millions as provided in the problem statement. Round the percentage to the nearest hundredth percent, X.XX\%.) Statement of changes in shareholders' equity