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please answer me as soon as possible with proper formula and explanation D E F H M N A B C Taiwan Chips Inc. Equity
please answer me as soon as possible with proper formula and explanation
D E F H M N A B C Taiwan Chips Inc. Equity Section of the Balance Sheet December 31, 2019 Contributed capital: Preferred share, $4.60 non-cumulative; 100,000 shares authorized 75,000 share issued and outstanding A Common shares, unlimited share authorized; E shares issued and outstanding B Total contributed capital $9,000,000 5 Retained earnings 7 Total equity D 3 9 Other information: 0 a. The preferred share had sold for an average price of $ 3.00. 1 b. The common share had sold for an average price of $9.00. 2 c. Retained Earnings at December 31, 2017, was $198,000. During 2018, profit earned was $1,928,000. The board of directors declared a total cash dividend of $540,000. 23 24 Required 25 Calculate A, B, C, D and E. 26Step by Step Solution
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