Enterprise Co is preparing its financial statements for the year ended 31 December 20X0 and has requested your opinion about the following events: () A flood on 9 January 20X1 caused uninsured damage to the company's main manufacturing facility totalling $200,000. (ii) The Directors declare a dividend of $1 per ordinary share on 7 January 20X1. The number of ordinary shares in issue is 100,000. The Directors plan to finalise the financial statements on 10 February 20XO