Listed are the equity sections of balance sheets for the years 2017 and 2018 as reported by Taylor Construction PLC. The overall value of stockholder’s equity has increased from £2,000,000 to £3,400,000. Use the statements provided below to answer the following questions.

Taylor Construction PLC paid total dividends of £300,000 to their stockholders in 2018.

a. What was the corporation’s profit after taxes?

b. How many new shares were issued by Taylor Constructions during the year?

c. At what price per share did the new stock, issued in 2018, sell?

d. Assume that the share capital and share premium for 2017 relates to the original share issue in 2015 and there has not been any changes since. What was the price per share for stock sold in 2015?

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Taylor Construction PLC Stockholder's Equity Authorized capital in 10p shares Issued and paid up ordinary share capital Share premium Retained earnings Total stockholders' equity 2017 2018 5,000,000 5,000,000 1,000,000 1,200,000 400,000 1,000,000 600,000 1,200,000 2,000,000 3,400,000