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Coral Cleaners Ltd reported the following information in the shareholders' equity section of its 30 June 2017, statement of financial position. 7% cumulative, non-participating preferred

Coral Cleaners Ltd reported the following information in the shareholders' equity section of its 30 June 2017, statement of financial position.

7% cumulative, non-participating preferred share (500 shares) $60 000

Ordinary share (120 000 shares) $570 000

Retained earnings $825 000

Calculate Coral Cleaners Ltd 's total contributed capital:

$885 000

$630 000

$585 000

$1 395 000

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