64. Presented below are the balances taken from the books of Abacus Corporation on January 1, 2021: Ordinary Share Capital, P50 par Subscribed Ordinary Share Capital Subscriptions Receivable-Ordinary Accumulated Profits-Free Treasury Shares at Cost, P75/share The following transactions took place in 2021: P 6,000,000 3,500,000 2,450,000 4,950,000 1,500,000 April 15: 8,500 treasury shares were re-issued for P80 per share May 1: Abacus received 500 ordinary shares from Mr. Perez as donation May 30: 7,000 treasury shares were re-issued at P50 per share June 5: All donated shares were sold for P50 per share No other treasury share transaction occurred during the year. How much is the balance of Treasury Share account as of December 31, 20217