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Halo Corporation was organized on January 1, 2020, with an authorization of 1,500,000 ordinary shares with a par value of P5 per share. During
Halo Corporation was organized on January 1, 2020, with an authorization of 1,500,000 ordinary shares with a par value of P5 per share. During 2020, the corporation had the following equity transactions: Jan. 4 - Issued 300.000 shares @ P6 per share. April 8 - Issued 150,000 shares @ P9 per share. June 9 - Issued 45,000 shares @ P10 per share July 29 -Purchased 75,000 shares @ P8 per share. Dec. 31 - Sold 75,000 shares held in treasury @ P10 per share. What should be the total Share Premium as of December 31, 2020?
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