B. On December 1, 2022, I-Care Corporation was authorized to issue 50,000 shares at a par value of P100. Subscriptions were received from five incorporators amounting to P1,500,000 for 15,000 shares of which the required down payment was 25%. Additionally, on December 15 , cash was collected for a total of P2,000,000 on which 18,000 shares of stocks were issued. On December 20 , four hundred fifty shares were issued to a lawyer who billed the corporation P50,000 for legal services rendered. On December 30 , two incorporators paid in full and two stock certificates were issued, accordingly. Paid for purchase and printing of certificates, SEC registration, filing fees, documentary stamps amounting to P15,000. b) Was the pre-incorporation complied with? c) How much is legal capital? d) How much is total contributed capital? e) What was the average price of the stock