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help me answer this 15. The shareholders' equity of THAI Corporation on December 31. 2015 appeared as follows: 18% cumulative Preference Shares, par P50, authorized

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15. The shareholders' equity of THAI Corporation on December 31. 2015 appeared as follows: 18% cumulative Preference Shares, par P50, authorized 250,000 shares, issued 150,000 shares P7,500,000 Ordinary Shares, par P100 authorized 100,000 shares, issued 80,000 shares 8,000,000 Share Premium on Common Stock 500,000 Unappropriated Retained Earnings 4,750,000 Appropriation Reserve for Contingencies 725,000

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