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Details of Plover Co's share capital at 31 December 20X5 are as follows. Issued and fully paid 1,440,000 25c ordinary shares $360,000 On 30 September 20X6 Plover made a rights issue (fully taken up) of 1 for 5 25c ordinary shares at 60c each. An interim dividend of 1.5c per share was paid on 31 July 20X6 and a final dividend of 2.5c per share was paid on 30 November 20X6. What is the total dividend for the year? A $16,200 B $57,800 C $64,800 D $69,120 |