with the solving

You are given the information below to answer questions that follow: a. Barakat PLC started Year 2018 Jith AED 1,000,000 in retained earnings from Dec 31, 2017 b. Barakat PLC has 500,000 of authorized Shares of Common Stock AED10 Par Value c. Barakat PLC issued 250,000 Shares of Common Stock for AED 20.00 during 2018 d. Barakat PLC has 100,000 authorized AEDS Preferred Stock AED 15.00 Par Value. e. Barakat PLC has 50,000 issued Preferred Stock at AED 30.00 f. Barakat PLC generated AED 2,000,000 Net Income during the Year 2018. g. On December 30, 2018, Barakat PLC paid a dividend of AED4.00 per share of Common Stock Required a. Use the information above to calculate the Retained Earnings for the Year Ended December 2018 b.Use the information above to calculate the Shareholders' Equity Statement as at 31st December 2018