. On April 1, 2021, Friends Corp. a newly formed company had the following shares issued and outstanding: Preference share, P50 par, 6,000 shares originally issued at P100 Ordinary shares, P20 par, 20,000 shares originally issued at P60 Friends's shareholders' equity should report preference share capital, ordinary share capital and share premium respectively at: P600,000; P1,200,000; O O P600,000; P 400,000; P 800,000 P300,000; P1,200,000; P 300,000 O P300,000; P 400,000; P1,100,000