1. The Goat Corporation is authorized to issue 100,00 shares at P20 par ordinary share. At the beginning of 2020 , 18,000 ordinary shares were issued and outstanding. These shares had been issue at P27 per share. During 2020 , the company entered into the following transactions: January 2 Issued 1,300 ordinary shares at P28 per share May 19 Exchanged 12,000 ordinary shares for a machine The ordinary share was selling at P30 per share. May 8 Reacquired 500 ordinary shares at P29 per share. July 19 Accepted subscriptions for 1,000 ordinary shares at P31 per share. The contract called for 20% down payment with the balance due on December 1 . September 1 Sold 500 of treasury at P32 per share December 1 Collected the balance due on July 1 subscriptions and issued the stock certificate. How much is the contributed capital for December 31, 2020? a. 846,000 b. 914,000 c. 929,400 d. 943,900