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PT Jaya's initial profit balance on January 1, 2015 was Rp.700,000,000. During 2015, PT Jaya reported a net loss of Rp. 300,000,000 and announced a

PT Jaya's initial profit balance on January 1, 2015 was Rp.700,000,000. During 2015, PT Jaya reported a net loss of Rp. 300,000,000 and announced a cash dividend of Rp. 80,000,000. Calculate the end of year profit balance as of December 31, 2015!

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