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Part A Amber Bhd is a distributor of one part of machine. Given below is the extract of income statement of Amber Bhd. Profit

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Part A Amber Bhd is a distributor of one part of machine. Given below is the extract of income statement of Amber Bhd. Profit form the year ended 30 June 2021 Profit before taxation Taxation -25% Dividends paid- ordinary shares Dividends paid - preference shares Additional information: RM 1,000,000 (250,000) 750.000 250,000 50,000 1. Issued share capital on 1 July 2020 comprises 3 million ordinary shares and RM500,000 10% preference shares. 2. 3. On 1 July 2020, RM200,000 5% convertible debentures (convertible into 200 ordinary shares per RM100 debenture) were outstanding. Changes in capital structure during the year ended 30 June 2021 are as follows: a. On 1 October 2020, a rights issue of ordinary shares on a one-for-five basis at 80 sen (market price before the issue was RM1) was made. b. The basic EPS for the year ended 30 June 2020 was 20 sen. 4. Tax rate is 25%. Continued...

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