M Limited has the following balances at 1 January 2021.
During the year ended 31 December 2021:
1 an interim dividend of $\$ 0.02$ per share was paid
2 there was a transfer of $\$ 20000$ to the general reserve.
For the year ended 31 December 2021, the company made a profit for the year of $\$ 80000$.
What is the maximum additional dividend payable per ordinary share for the year ended 31 December 2021?
1 )
$\$ 0.20$
2 )
$\$ 0.22$
$\$ 0.32$
4 )
$\$ 0.34$
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