1. Shine Company reported the following accounts in the year-end trial balance: Preference share capital authorized (P100 par value) P5,000,000 Ordinary share capital (authorized 200,000 shares no par value, issued 180,000 shares, P15 stated value) 2,700,000 Unissued preference share capital 1,800,000 Subscriptions receivable, ordinary 170,000 Subscriptions receivable, preference 200,000 Preference share capital subscribed 300,000 Ordinary share capital subscribed 270,000 Treasury preference shares (5,000 shares at cost) 600,000 Retained earnings 2,000,000 Share premium-ordinary 950,000 Required: 1. Share capital available for subscription