Question: Cash dividends declared during 2009 $ 75,000 Ordinary share dividends declared during 2009 $ 11,500 Ordinary shares Dec, 31, 2009 $ 840,000 Preference shares Dec,

Cash dividends declared during 2009 $ 75,000
Ordinary share dividends declared during 2009 $ 11,500
Ordinary shares Dec, 31, 2009 $ 840,000
Preference shares Dec, 31, 2009 $ 180,000
Retained earnings Dec, 31, 2008 $ 280,000
Retained earnings Dec, 31, 2009 $ 230,000

A. Total contributed Capital at Dec, 31, 2009?

B. What was the net income earned for the year ended Dec, 31, 2009? (loss)

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