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Bramble Corporation, a public company, reported the following balances at January 1,2023 : Prepare the shareholders' equity section of the SFP at December 31. Ayayai
Bramble Corporation, a public company, reported the following balances at January 1,2023 : Prepare the shareholders' equity section of the SFP at December 31. Ayayai Limited's ledger shows the following balances on December 31, 2023: (a) Your answer is partially correct. Assuming that the directors decide to declare total dividends in the amount of $405,000, determine how much each class of shares should receive if the preferred shares are cumulative and fully participating. Note that one year's dividends are in arrears on the preferred shares, which pay a dividend of $1.25 per share. (Round intermediate percentage calculations to 4 decimal places, e.g. 12.2525\% and final answers to 0 decimal places, e.g. 5,275.) eTextbook and Media Attempts: 1 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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