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At December 31, 2018, Laurier Limited had the following shareholders' equity: During 2019, the following events occurred: - On February 1, the company declared and
At December 31, 2018, Laurier Limited had the following shareholders' equity: During 2019, the following events occurred: - On February 1, the company declared and paid a $0.50 cash dividend. - On June 10, the company split the common shares three for one. - On December 1, the company declared and paid a $0.40 cash dividend. - At December 31, the company reported a loss of $106,000 for the year. At December 31, 2019, the balance of retained earnings is $546,500 $576,500 $620,000 $380,000 None of the above
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