36. Oxford Inc. was authorized to issue 200,000 10 par value ordinary shares. As of December 31, 2020, the company had issued 88,000 shares at an average price of 22 per share. During 2020, the company felt that the shares were undervalued so it purchased 20,000 treasury shares at 18 per share. When the share price rebounded later in the year, the company sold 8,000 of the treasury shares for 25. Retained earnings was 3,316,000 at December 31, 2020. (3pt) The amount of Share Premium reported on the December 31, 2020 statement of financial position is a. 560,000. b. 1,056,000. c. 1,112,000. d. 1,936,000