Ivy Company provided the following accounts at yearend: Preference Share Capital, P100 par - P5,000,000 Ordinary Share Capital, P10 par - P 2,000,000 Subscribed Preference Share Capital - P1,800,000 Subscribed Ordinary Share Capital - P1,000,000 Subscriptions Receivable - Ordinary - P180,000 Subscriptions Receivable -Preference -P190,000 Share Premium - Preference Share -P300,000 Share Premium - Ordinary Share -P220.000 Treasury Share - Preference (700 shares at cost) P680,000 Share Premium - Preference Treasury Share -P850,000 Retained Earnings - P2,000,000 How much is total shareholders' equity at yearend? 12,000,000 11,000,000 11,270,000 11,500,000