Question: 1 Use the information provided below to answer the following questions, Victoria Products Ine. Equity Section of the balance sheet October 31, 2020 Contributed capitali

 1 Use the information provided below to answer the following questions,

1 Use the information provided below to answer the following questions, Victoria Products Ine. Equity Section of the balance sheet October 31, 2020 Contributed capitali Preferred shares, 53 non-cumulative unimited whares authorized A shares issued and outstanding 737,100 Comon shares, unlimited shares authorised, 334,000 shares Lossed and outstanding Total contributed capital Deficit Total equity $4,043, 100 10-16 Other information: . All of the shares were issued during the first year of operations (year ended October 31, 2019). The common shares were issued for an average price of $10.5 per share. . The preferred shares were issued for an average price of $18.9 per share. Retained Earnings at October 31, 2019, was $393,000. No dividends had been paid for the year ended October 31, 2020, Required: 1. Calculate A

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