Reference no: EM132470026
Cash dividends declared during 2018 654,000
Ordinary share dividends declared during 2018 (21,000)
Ordinary shares, December 31, 2018 6950,000
Preference shares, December 31, 2018 (170,000)
Retained earnings, December 31, 2017 (270,000)
Retained earnings, December 31, 2018 (220,000)
Question 1: What is the total contributed capital at December 31, 2018?
a. E800,000
b. C1,120,000
c. E1,262,000
d. E1,386,000
Question 2: What was the net income (loss) earned for the year ended December 31, 2018?
a. ((125,000)
b. ((25,000)
c. E25,000