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What amount should be reported as total shareholders equity

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Reference no: EM132870449

Question - The adjusted trial balance of SM Entertainment Company at December 31, 2020 includes the following accounts:

Share capital 15,000,000

Share premium 5,000,000

Treasury shares, at cost 2,000,000

Unrealized loss on Financial Asset at FVOCI 1,000,000

Retained earnings unappropriated 6,000,000

Retained earnings appropriated 3,000,000

Revaluation Surplus 4,000,000

Required - What amount should be reported as total shareholders' equity?

Reference no: EM132870449

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