What is the total shareholders equity

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Question - Disneyland Inc. was organized on January 2 2012 at which date it issued 200,000 shares of $10 par ordinary share at $15 per share. During the period 2 January 2012 to 31 December 2014, the company reported cumulative net income of $900,000 and paid cash dividends of $p460,000. On 2 January 2014, the company purchased 12,000 of its ordinary share at $12 per share. On 15 November 2014, it sold 4,000 treasury shares at $13 per share and sold another 4,000 treasury shares at $9 per share on 15 December 2014. What is the total shareholders' equity on 31 December 2014? What is the balance of the Retained Earnings - Unappropriated account on 31 December 2014?

Reference no: EM132935943

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