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Below is an extract of the trial balance for Deck plc at 31/12/X0: '000 Ordinary shares of 1 each 1,620 Share premium 1,060 Retained earnings

Below is an extract of the trial balance for Deck plc at 31/12/X0:

'000
Ordinary shares of 1 each 1,620
Share premium 1,060
Retained earnings (at 1 January 20X0) 2,164
4,844

In the year to 31/12/X0, Deck plc made a profit after tax of 1,400,000. The directors have proposed a dividend of 65p per share, and this has been approved by the shareholders.

Requirement: Using the information provided, complete the movement on retained earnings working below. (Round all calculations to the nearest thousand.)

Movement on retained earnings '000
Retained earnings b/fwd Answer 1
Profit after tax Answer 2
Dividend payable Answer 3
Retained earnings c/fwd

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