Use the information provided below to answer the following questions.

Victoria Products Inc.
Equity Section of the Balance Sheet
October 31, 2017
	Contributed capital:
	A	Preferred shares, $3 non-cumulative; unlimited shares authorized, shares issued and outstanding		$	691,900
		Common shares, unlimited shares authorized, 332,000 shares issued and outstanding			B
	Total contributed capital				C
	Deficit				D
	Total equity			$	3,912,500

Other information: All of the shares were issued during the first year of operations (year ended October 31, 2016). The common shares were issued for an average price of $10.3 per share. The preferred shares were issued for an average price of $18.7 per share. Retained Earnings at October 31, 2016, was $391,000. No dividends had been paid for the year ended October 31, 2017.

Required: 1. Calculate A Number of P referred shares 2. Calculate B. Common shares 3. Calculate C Total contributed capital 4. Calculate D Deficit 5. Calculate Profit/Loss for the year ended October 31, 2017