The statement of financial position of a company lists the following items. ordinary shares at $0.50$ each $900000 retained earnings balance $450000 long-term bank loan $30000 The company then distributes $100000$ bonus shares of $0.50$ each to its shareholders. What is the total equity after the bonus shares have been issued?
- A$1300000
- B$1350000
- C$1380000
- D$1400000