Net change in total reserves from transactions

Steps:

• Share issue adds $8,000 to share premium reserve (10,000 shares ×$0.80 premium).
• Dividend payment reduces retained earnings (a reserve) by $200.
• Transfer to general reserve moves $750 from retained earnings to general reserve, with no net change to total reserves.
• Overall net change: +$8,000 –$200 = +$7,800 (increase).

Not enough information to match options, as calculation does not align with choices; definition of "total reserves" may vary (e.g., excluding share premium yields –$200, still not matching).

Final answer: Not enough information.