Drange plc has share capital of 300,0001 shares at 1 March 207. These were issued at 1.50 per share. On 28 February 20X8 Drange plc made a 2 for 3 bonus issue.Before accounting for this the balance on the retained earnings reserve at 28 February 20X8 was 717,000. In its Statement of Financial Position at 28 February 20X8 the balance on Drange plc's retained earnings reserve will be 567,000517,000717,000667,000 A company's share capital consists of 20,00025 p equity shares all of which were issued at a premium of 20%. The market value of the shares is currently 70 p each. What is the balance on the company's equity share capital account? 6,00024,00014,0005,000