Question: A has 6 0 common shares subscribed for $ 6 0 0 of corporation. B has 4 0 common shares subscribed for $ 4 0

A has 60 common shares subscribed for $600 of corporation. B has 40 common shares subscribed for $400. A also subscribes for 10 preferred shares by transferring land to the corporation worth $100. The land is now worth $1,000. What happens if the corporation distributes land to A as a return of capital on the common shares.

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