Question: Question 12 2 points Save Answer On January 1, 2020, BBB Corporation decided to increase its capital by 100,000 shares, through issuing 100,000 shares with

Question 12 2 points Save Answer On January 1, 2020, BBB Corporation decided to increase its capital by 100,000 shares, through issuing 100,000 shares with a par value of JD 1 to capitalize JD 400,000 from the Union bank loan. Following is the liabilities and shareholders' equity section at 1/1/2020 before the capital increase. Union bank loan 500,000. Share in Capital 8,000,000. Compulsory reserve 250,000. Optional reserve 300,000. Retained Earnings (losses) (600.000). Total Stockholders equity after the capital increase is 8,450,000 8,350,000 7,450,000 7,950,000

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