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Given Data:
Taiwan Chips Inc. a manufacturer, showed the following equity information as at December 31, 2018:
Taiwan Chips Inc.
Equity Section of the Balance Sheet
December 31, 2019
Contributed capital:
Preferred share, $4.60 non-cumulative; 100,000 shares authorized
75,000 share issued and outstanding A
Common shares; unlimited share authorized;
E shares issued and outstanding .B
Total contributed capital .. $9,000,000
Retained earnings .. C
Total equity ....... D
Other information:
a. The preferred share had sold for an average price of $ 3.00.
b. The common share had sold for an average price of $9.00.
c. Retained Earnings at December 31, 2017, was $198,000. During 2018, profit earned was $1,928,000. The board of directors declared a total cash dividend of $540,000.
Required
Calculate A, B, C, D and E.

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Glyen Data: Taiwan Chips Inc. a manufacturer, showed the following equity information as at December 31, 2018: Taiwan Chips Inc. Equity Section of the Balance Sheet December 31, 2019 A Contributed capital Preferred share, $4.60 non-cumulative; 100,000 shares authorized 75,000 share issued and outstanding Common shares; unlimited share authorized E shares issued and outstanding Total contributed capital Retained earnings B $9,000,000 Total equity D Other information: The preferred share had sold for an average price of $ 3.00 b. The common share had sold for an average price of $9.00. Retained Earnings at December 31, 2017, was $198,000. During 2018, profit eamed was $1.928,000. The board of directors declared a total cash dividend of $540,000 Required alculate A, B, C, D and E

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