Question 26 2 pts Sosa Co.'s equity at January 1, 2012 is as follows: Share capital-ordinary, P10 par value; authorized 300,000 shares; Outstanding 225,000 shares P2,250,000 Share premium-ordinary 900,000 Retained earnings 2.190.000 Total P5,340,000 During 2012, Sosa had the following share transactions: Acquired 6,000 shares of its shares for P270,000. Sold 3,600 treasury shares at P50 a share. Sold the remaining treasury shares at P41 per share. No other share transactions occurred during 2012. Assuming Sosa uses the cost method to record treasury share transactions, the total amount of all share premium accounts at December 31, 2012 is Answer pattern: 1,000,000 h