IDC ltd has share capital of 400000 ordinary shares of 1 each and 200000 5% preference shares of 1 each

The retained profits for the first three years of Business ended 31December are 2011 109670, 2012 148640, 2013 158220

Transfers to reserves are made as follows: 2011 nil, 2012 general reserve 10000 and 2013 non current asset replacement reserve 22500

Dividents were paid for each year on the preference shares at 5% and in the ordinary shares at 2011 10%, 2012 12.5%, 2013 15%

Prepare the profit & loss appropriation account for each year.