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  3. a company has $2,000,000 $1 shares at the start of

A company has $2,000,000 $1 shares at the start of the year. During January the...

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Accounting

A company has $2,000,000 $1 shares at the start of the year.
During January the company increased its share capital by 40%. The company also has 400,000 $2, 6% preference shares, the dividends on which were paid in full. The company also paid an ordinary dividend of 10%.
If the EPS was $5,60, what was the met profit after tax for the
vear?
Select one:
a. $15,728,000
b. $16.160,000
c. $15,632,000
c. $15,680,000

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