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CFAS Company provided the following information at year-end: Preference share capital, P100 par P3,000,000 Share premium - preference share 500,000 Ordinary share capital, P10 par

CFAS Company provided the following information at year-end: Preference share capital, P100 par P3,000,000 Share premium - preference share 500,000 Ordinary share capital, P10 par 9,000,000 Share premium - ordinary share 2,000,000 Subscribed ordinary share capital 4,000,000 Retained earnings 2,500,000 Subscription receivable - ordinary 1,000,000 share What is the amount of legal capital

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