Problem 3-17 Sunrise Company reported the following shareholders' equity on December 31, 2019: 1,500,000 110,000 200,000 130,000 Preference share capital, 12% cumulative and fully participating P100 par, authorized 20,000 shares, issued 15,000 shares of which 1,000 shares are in the treasury and the last dividend was in 2014 Treasury preference shares, at cost Subscribed preference share capital Subscription receivable - preference Ordinary share capital, par value P100, authorized 50,000 shares, issued 30,000 shares of which 1,000 are reacquired Treasury shares - ordinary Subscribed ordinary share capital Subscription receivable - ordinary Share premium Retained earnings 968,000 Appropriated Retained Earnings 680,000 3,000,000 70,000 500,000 200,000 300,000 Required: Compute the book value per ordinary share and per preference share on December 31, 2019