The shareholders' equity section of the 30 June 2020 balance sheet for Charbel Constructions is as follows: Preference shares (100 000) Ordinary shares (300 $1 050 000) $250 000 000 $140 000 $320 700 Reserves Retained earnings Total shareholders' equity $1 760 700 On 1 July 2020 the company declared a 7% share dividend, payable to ordinary shareholders on 15 July 2020. On 1 July the share price was $1.20 per ordinary share and on 15 July the market price was $1.10 per ordinary share. After the share dividend, the components of the company's shareholders' equity section are: O Preference shares $250 000; Ordinary shares $1 073 100; Reserves $140 000; Retained eamings $319 600 O Preference shares $250 000; Ordinary shares $1 050 000; Reserves $140 000; Retained eamings $320 700 O Preference shares $250 000; Ordinary shares $1 050 500; Reserves $140 000; Retained earnings $1 760 700 O Preference shares $250 000; Ordinary shares $1 073 100; Reserves $140 000; Retained earnings $297 600