Problem 21-22 (IAA) Hanna Company reported the following shareholders' equity at the beginning of current year: ares, tte Share capital, P10 par, outstanding 225,000 shares 2,250,000 Share premium 1,500,000 Retained earnings 2,000,000 2 500.809 1.250 0X During the year, the entity had the following transactions: Acquired 10,000 treasury shares for P500,000. Sold 5,000 treasury shares at P60 per share. ring adver Sold 2,000 treasury shares at P46 per share. Net income for the year was P2,500,000. 1. What is the total amount of share premium at year-end? 8. 1,500,000 b. 1,560,000 c. 1,540,000 d. 1,550,000 2 What is the share capital at year-end? &. 2,250,000 b. 2,150,000 C. 2,220,000 d. 2,300,000 What is the total shareholders' equity at year-end? 8. 8,140,000 b. 8,300,000 8,250,000 d. 8,290,000