Data from the books of ABC Co. are as follows:

Convertible preference share capital, at P100 parP 6,000,000

Share premium-Preference 1,000,000

Ordinary share capital 4,000,000

Sharepremium-Ordinary2,000,000

Treasury 10,000 Ordinary shares at cost 900,000

Retained Earnings 3,000,000

Capital transactions during the period:

1. Issuance of 10,000 ordinary shares at P70 per share.
2. Issuance of 5,000 preference shares at P120 per share.
3. Conversion of 30,000 preference shares into ordinary shares. Every one preference share is given three ordinary shares.
4. Reissuance of 6,000 treasury shares at P150 per share.
5. Reissuance of 2,000 treasury shares at P80 per share.

Requirements:

1.) Transaction in #3 above would cause total shareholders' equity to change by________?

2.) Transaction in #5 above would cause total shareholders' equity to change by _________?