8. Levi Company provided the following information from a comparative statement of financial position at year-end: 2021 20:30 Share capital, P5 par 7,500,000 4,500,000 Share premium 52,000,000 40,000,000 Retained earnings 19,500,000 15,500,000 Treasury shares, at cost, 600,000 in 2021 and 400,000 in 2020 7,000,000 5,000,000 1. What is the number of outstanding shares on December 31, 2021? a. 1,500,000 b. 1,000,000 900,000 d. 600,000 2. What is the number of outstanding shares on December 31, 2020? a 900,000 b. 500,000 e. 400,000 d. 700,000 3. How many shares were issued during 2021? a 600,000 b. 300,000 c. 200,000 d. 500,000 4. What was the average price of additional shares issued in 2021? a. 25 b. 20 c. 10 d. 5