Safari Company has following Equity Balances on Jan.1, 2020 Share Capital - OS 400000 par value $10 per share Share Premium-OS $300,000 Share /capital - PS 20000 par value $20 per share cumulative 5% Retained Earnings $400,000 During 2020 following Equity transaction is occurred Feb.1, 2020 issued 20000 ordinary shares for cash of $250,000 April.2,2020 issued 30000 ordinary shares for Land has fair value of $500,000 June 1, purchased 50000 of its shares (treasury shares) at cost of ($30) per share August 1,2020 sold 20000 of treasury shares at price $40 per share Dec.31, 2020 declared cash dividends of $50000 to be allocated between preference and ordinary Answer following questions

At Dec.31, 2020 net number of issued ordinary shares

Answer 1 Choose... At Dec.31, 2020 Ending Balance of Share Capital of ordinary shares is

Answer 2 Choose... At Dec.31, 2020 Ending Balance of Share Premium of ordinary shares is

Answer 3 Choose... the total equity section at end of Dec.31, 2020 will be presented in Financial position

Answer 4 Choose... Dividends paid for PS for current year is

Answer 5 Choose... if there is one year dividends in arrear the dividends paid for PS is

Answer 6 Choose... IF there is one year dividends in arrear the dividends paid for OS is

Answer 7 Choose... Weighted Average of Outstanding Share at Dec.31,2020

Answer 8 Choose... Basic EPS if net income is $620000

Answer 9 Choose... IF PS is convertible each (1) PS is converted (2) OS compute Dilutive EPS and Net Income $620,000

Answer 10 Choose...