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Cowslip Co had the following balances in its equity section in the statement of financial position as at 31 December 2017: Ordinary 0.50 shares Share
Cowslip Co had the following balances in its equity section in the statement of financial position as at 31 December 2017: Ordinary 0.50 shares Share premium Retained earnings Total equity '000 1,000 400 4,500 5,900 During 2018 Cowslip Co issued 1,000,000 ordinary shares at the price of 0.80 pe share. The profit for the year was 2,500,000. In 2018 Cowslip Co paid dividends 1,220,000. Complete the equity section in Cowslip Co's statement of financial position as at 31 December 2018: (NB! Write the figures in thousand, i.e. do not write the last three zeros) '000 Ordinary 0.50 shares Share premium Retained earnings Total equity
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