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What is the total amount of contributed surplus

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Question - Berlin Corporation was organized on January 1, 2017, with 400,000 no par value common shares authorized. During 2017, the corporation had the following share transactions; Jan 5 issued 150,000 shares at $10.00 per share; Apr 6 issued 50,000 shares at $12 per share; Jun 8 50,000 shares at $14 per share; Jul 28; Purchased 20,000 shares at $11 per share and cancelled them; Dec 31 issued 20,000 shares at $18 per share. What is the total amount of contributed surplus at December 31, 2017?

Reference no: EM132479010

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