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Problem 21-24 (IAA) Levi Company provided the following information from a comparative statement of financial position at year-end 2021 Share capital, P5 par 2030 Share

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Problem 21-24 (IAA) Levi Company provided the following information from a comparative statement of financial position at year-end 2021 Share capital, P5 par 2030 Share premium 7,500,000 Retained earnings 52,000,000 4,500,000 19,500,600 40,006,000 Treasury shares, at cost, 600,000 in 2021 15,500,000 and 400,000 in 2020 7,000,000 5,600,000 share 1. What is the number of outstanding shares on December 31, 2021? CHpitel at 1,500,000 b. 1,000,000 C. 900,000 d. 600,000 1. What is the number of outstanding shares on December 31, 2020? preminc a. 900,000 b. 500,000 C. 400,000 d. 700,000 How many shares were issued during 2021? a. 600,000 year-end! b. 300,000 c. 200,000 d. 500,000 What was the average price of additional shares issued in 2021? A 25 end? b. 20 t. 10 d 5

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