I. (Five items) A junior accountant of RodLeny Corporation is seeking your assistance as to how to complete the following shareholders equity section of the balance sheet:

Shareholders Equity:

Contributed Capital

5% Preference shares, par value __?_ per share, 15,000 shares authorized, 9,000 shares issued and outstanding P405,000

Ordinary shares, par value P 10 per share, 100,000 shares authorized, __?____ shares issued and outstanding P 1,500,000

Subscribed, 1,500 shares ?

Additional Paid-in Capital:

Excess over par Preference shares P80,000

Excess over par Ordinary shares ?

Retained Earnings ?

Total Shareholders Equity P2,049,500

Additional Information: Undistributed earnings of the corporation is P 9,000. No dividends had ever been