Problem:

I.A Co, a public company whose shares are traded in the over-the-counter market, had the following shareholders' equity account balances on December 31, 200A:

Ordinary shareP 7,875,000

Share premium15,750,000

Retained Earnings16,445,000

Treasury shares-Ordinary750,000

Transactions during 200B and other information relating to the shareholder's equity accounts were as follows:

1. A Co. had 4,000,000 authorized shares of P5 par value ordinary; 1,575,000 shares were issued, of which 75,000 were held in treasury.
2. A Co. owned 15,000 shares of D, Inc. ordinary share purchased one year ago for P 600,000. The D Inc.'s shares were included in A Co.'s short term financial assets at fair value through profit or loss portfolio. On march 5, 200B A Co. declared a property dividend of one share of D Inc.'s ordinary share for every 100 shares of A CO.'s ordinary shares held by a shareholder of record on April 16,200B. The market price of D Inc.'s share on March 15, 200B, was P 60 per share. The property dividend was distributed on PAril 29, 200B.
3. ON October 27, 200B, A Coo. Declared a 2-for-1 share split on its ordinary and reduced the par value per share accordingly. A Co.'s shareholders received one additional share for each share of A Co.s ordinary share held. The laws in A Co.s state of incorporation protect treasury share from dilution.
4. Net income for 200B was P 2,400,000.

Required:

1. How much dividends are paid on ordinary shareholder?
2. How many ordinary shares are outstanding as of December 31, 200B?
3. How much is the balance of the issued ordinary shares as of December 31, 200B?
4. How much is the share premium on December 31, 200B?
5. How much is the balance of the retained earnings as of December 31,200B?
6. How much is the balance of the total shareholder's equity as of December 31,200B?