Kazakhstan Company is authorized to issue 600,000 ordinary shares, P10 par The company had the following transactions in 2020 Issued 20,000 shares at P30, received in cash Issued 2,800 shares for legal services costing P100,000 Issued 125,000 shares in exchange for a building valued at P2,950,000 and land valued at P800,000 How much is the Share Premium from the these transactions a 2,722,000 b 2,907,000 c 2,972,000 d 2,965,000

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Kazakhstan Company is authorized to issue 600,000 ordinary shares, P10 par. The company had the following transactions in 2020: Issued 20,000 shares at P30, received

Kazakhstan Company is authorized to issue 600,000 ordinary shares, P10 par. The company had the following transactions in 2020:

Issued 20,000 shares at P30, received in cash
Issued 2,800 shares for legal services costing P100,000.
Issued 125,000 shares in exchange for a building valued at P2,950,000 and land valued at P800,000.

How much is the Share Premium from the these transactions?

a. 2,722,000

b.2,907,000

c. 2,972,000

d.2,965,000

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