A company supplies the following details about its equity. $150000$ shares $1$ each: $150000$ share premium $75000$ general reserve $125000$ retained earnings $25000$ The directors plan to issue bonus shares on the basis of one $1$ share for every three already held. After that, the directors plan to carry out a rights issue on the basis of one new $1$ share for every four shares held, with a premium of $0.20$ per share. What will be the company’s total equity after the share issues?
- A$425000$
- B$435000$
- C$475000$
- D$485000$