Reference no: EM132870221
Question - Tipps Corporation's adjusted trial balance at December 31, 2021 includes the following account balances.
Ordinary share capital, 10 par, 60,000 shares issued, 55,000 shares outstanding ??? (no amount given)
Share premium 280,000
Treasury shares (at cost) 75,000
Retained earnings appropriate for treasury shares 75,000
Retained earnings appropriate for contingencies 80,000
Retained earnings appropriate for bond redemption 180,000
Sinking fund cash 150,000
Revaluation surplus 120,000
Required - What is the total shareholder's equity at December 31, 2021?
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