PART B On 1 July 2017, South Water Ltd had 1 500 000 shares. The equity accounts at 1 July 2017 had the balances listed as follows. Share capital $1 500 000 500 000 Retained earnings Transactions during 2017-18 financial year and other information related to equity accounts were as follows. 1. An interim cash dividend of $0.25 per share was declared on 31 December 2017 and paid on 31 January 2018. 2. The shareholders agreed to a 3-for-1 share split, which occurred on 31 May 2018. 3. After the share split, a final cash dividend of $0.10 per share was declared on 30 June 2018 4. South Water Ltd earned $600 000 net profits for the year ending 30 June 2018. REQUIRED: Prepare the equity section of South Water Ltd.'s statement of financial position as at 30 June 2018