The equity section from the December and balance sheets of Westburne Corporation appeared as follows:
The following transactions occurred during assume the retirements were the first ever recorded by Westburne:
Jan. A $ per share cash dividend was declared, and the date of record was five days later.
Mar. common shares were repurchased and retired at $ per share.
Apr. A $ per share cash dividend was declared, and the date of record was five days later.
July A $ per share cash dividend was declared, and the date of record was five days later.
July A share dividend was declared when the market value was $ per share.
Aug. The share dividend was issued.
ct A $ per share cash dividend was declared, and the date of record was five days later. WHAT IS THE PROFIT FOR
