At the beginning of the year, V Limited’s total equity stood at $45750, including $10750$ in retained earnings. By the end of the year, the company had moved $1000$ into general reserve, distributed a dividend of $2800$ and recorded a profit for the year of $4995$. What was the total equity at the end of the year?
- A$36195
- B$46945
- C$47945
- D$48945