AC The following information relates to Blooming Company Ltd. Trial Balance (extract) of Blooming Company Ltd as at 31st October 2017 Dr ($) Issued Capital 150 000 @ $2 per share Paid Up Capital 150 000 @ $1.50 per share General Reserves Cash at Bank 9 000 Profit and Loss Appropriation (01/10/2016) Interim Dividend 5 700 Cr ($) 300 000 225 000 35 000 19 000 Additional Information 1. Transfer $4 000 to general reserves. 2. Final dividend was declared at 10% of paid up capital. 3. Net Income after tax is $22 500. 4. Income tax for the year $3 200. Required: Prepare the Profit and Loss Appropriation Statement of Blooming Company Ltd for the ended 31st October 2017