D Question 41 CFAS Company reported the following shareholders' equity on January 1.2022: Share capital Share premium Retained earnings 1,500,000 3,000,000 2.000.000 2 pts The entity had 400,000 authorized shares of P5 par value, of which 300,000 shares were issued and outstanding On March 1, 2022, the entity acquired 50,000 shares for P10 per share to be held as treasury. The shares were originally issued at PB per share. The entity used the cost method to account for treasury shares On December 31, 2022, the entity declared and distributed a property dividend of inventory. The inventory had a P750,000 carrying amount and a P1,000,000 fair value. The net income for 2022 was P2,500,000 What amount should be reported as unappropriated retained earnings on December 31, 2022