Sosa Co.'s equity at January 1, 2012 is as follows:

Share capitalordinary, P10 par value; authorized 300,000 shares;

Outstanding 225,000 shares P2,250,000

Share premiumordinary 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.

How much is the Total Shareholders Equity at the end of the year? TOTAL SHAREHOLDER'S EQUITY NOT JUST SHARE PREMIUM