International Equity Reserves

The company, based in the United Kingdom, has the following equity accounts:

Retained earnings                                                               

$1,000

Asset revaluation reserve                                                         

3,200

Par value of shares                                                               

100

Special reserve                                                                 

400

Share premium                                                                 

1,700 

Total equity                                                                  

$6,400  

Compute the amount of (1) no distributable and (2) distributable equity.