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9 The shareholders' equity section of JJJ Co.'s statement of financial position as of December 31, 2013, is as follows: Ordinary share capital, P5 par

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9 The shareholders' equity section of JJJ Co.'s statement of financial position as of December 31, 2013, is as follows: Ordinary share capital, P5 par value, authorized 2,000,000 shares, issued. 400,000 shares P2.000.000 Share premium 850,000 Retained eamings 3,000,000 The following events occurred during 2014: Jan. 5 - 10,000 shares of authorized and unissued ordinary shares were sold for P8 per share. Jan. 16 - Declared a cash dividend of 20 centavos pershare, payable February 15 to shareholders of record on February 5. Feb. 10-20,000 shares of authorized and unissued ordinary shares were sold for P12 per share Mar. 1 - A 30% stock dividend was deda red and issued. Market value per share is currently P15. Apr. 1 - A two-for-one split vas carried out The par value ofthe shares was to be reduced to P2.5 pershare Market value on March 31 was P 18 pershare. July 1 - A 15% stock dividend was declared and issued. Market value is currently P10 per share Aug. 1 - A cash dividend of 20 centavos pershare was declared. payable September 1 to shareholders ofrecord on August 21. What amount of share premium should be reported as of December 31, 2014? What amount of ordinary share capital should be reported as of December 31, 2014? What amount of retained earnings should be reported as of December 31, 20147 Determine the number of ordinary shares issued and outstanding at December 31, 2014

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