1. On 30 April 2017, Moth Ltd went into voluntary liquidation. At that date, equity comprised:

Share capital: 50000 preference shares issued for OMR 1 and fully paid 110000 ordinary shares issued for OMR 1 and fully paid 80000 A ordinary shares issued for OMR 1 and paid to OMR 0.60 10000 B ordinary shares issued for OMR 1, called and paid to OMR 0.50	OMR 50,000 110,000 48,000 5,000
Retained earnings	213,000 (128,000)
Total equity	OMR 85,000

The liquidator proceeded to realise all of the companys assets. The loss on liquidation amounted to OMR 32,000 and, after paying sundry creditors, there was a cash balance of OMR 53,000 available for distribution to the shareholders. (The constitution gives preference shareholders a prior claim to return of capital, and other shareholders are to rank equally, based on the number of shares held.)

Required: Prepare a statement of the distribution to shareholders supported by a detailed explanation of the apportionment of any cash among the various classes of shareholders.