(Analysis of Equity Data and Equity Section Preparation) For a recent 2-year period, the statement of financial position of Jiang Group showed the following equity data at December 31 (amounts in millions). 2016 2015 Share premiumordinary HK$ 891 HK$ 817 Share capitalordinary 545 540 Retained earnings 7,167 5,226 Treasury shares (1,428) (918) Total equity HK$7,175 HK$5,665 Ordinary shares issued 218 216 Ordinary shares authorized 500 500 Treasury shares 34 27

Instructions (a) Answer the following questions.

(1) What is the par value of the ordinary shares?

(2) What is the cost per treasury share at December 31, 2016, and at December 31, 2015?

(b) Prepare the equity section of the statement of financial position at December 31, 2016.