Problem C Shown below are account balances found in the ledger of Emerald Green Corporations the end of 2014: Subscription Receivable - Preference Shares P Subscription Receivable - Ordinary Share 720,000 10% Preference Share Capital, P50 par value, 364,000 authorized, 100.090 shares Issued P 2,880,000 Subscribed 1,440,000 Ordinary Share Capital, no par, P10 stated value, 4,320,000 authorized, 300,000 shares Issued P 2,720,000 Subscribed 560,000 Paid-In Capital in Excess of Par or Stated Value 3,280,000 Preference share P 432,000 Ordinary share 656,000 1,088,000