Question 4 On 1 November 2019 KTM2O Ltd provided the following balances. $ 35,000 19,600 7% debentures (2026) Retained earnings Share capital (ordinary shares of $0.50 each) Share premium 65,000 25,000 On 1 May 2020 $60 000 8% debentures (2030) were issued. On 1 June 2020 $11 700 was received from an issue of ordinary shares at a premium of $0.15 per share. On 1 August 2020 an ordinary dividend of $0.12 per share was paid. For the year ended 31 October 2020 the company made an operating profit of $27 740 before accounting for debenture interest. (a) Calculate for the year ended 31 October 2020 the: (i) total debenture interest (1) (ii) adjusted profit (1) (i) number of new ordinary shares issued (1) (iv) dividend paid. (2)