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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 1,500 Share premium 1,050 Retained earnings

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

'000

Ordinary shares of 1 each 1,500

Share premium 1,050

Retained earnings (at 1 January 20X0) 2,134

Total: 4,684

In the year to 31/12/X0, Deck plc made a profit after tax of 1,275,000. The directors have proposed a dividend of 55p 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 Answer 4

(Enter each value with no sign, comma or decimal places. Use a minus sign where appropriate.)

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