Incorporation of a Partnership assets and Kalaw and Woo are partners sharing profits and losses in the ratio of 1:2, respectively. On July 1, 2019, they decided to form KW Corporation by transferring the liabilities from the partnership to the corporation in exchange for its shares of stock. The following is the post-closing trial balance of the partnership: Credit Debit Cash Accounts Receivable (net) Inventory Property and Equipment (net) Liabilities Kalaw, Capital Woo, Capital P 45,000 60,000 90,000 174,000 P60,000 94,800 214,200 P369,000 P369,000 It was agreed that adjustments be made to the following assets to be transferred to the corporation: Accounts Receivable Inventory Property and Equipment p 40,000 68,000 180,600 KW Corporation was authorized to issue P100 par preference share and P10 par ordinary share. Kalaw and Woo agreed to receive for their equity in the partnership 720 shares of the ordinary shares stock each, plus even multiples 10 shares of preference shares for their remaining interest. Required: Compute for the total number of preference and ordinary shares to be issued by the corporation in exchange for the assets and liabilities of the partnership