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At year-end, an entity reissued treasury 5.000 shares for P150. Average cost of treasury share is P 120 per share. Before recording the cancelation of

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At year-end, an entity reissued treasury 5.000 shares for P150. Average cost of treasury share is P 120 per share. Before recording the cancelation of the treasury shares, the entity had the following shareholders' equity: Share capital, 50,000 shares originally issued at P 75 2,500,000 1,250,000 Share premium Retained earnings 1,000,000 Treasury shares, at costs 600,000 What is the total stockholders' equity after the reissuance

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