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Subject: Ordinary and Preference shares Please let me know if my answers are correct, if not, kindly show me how to derive the correct ones.

Subject: Ordinary and Preference shares
Please let me know if my answers are correct, if not, kindly show me how to derive the correct ones. Thanks in advance.
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Problem #19 The shareholders' equity section of Nazario Freight Express, Inc. as at Dec. 31, 2015 appeared as follows: 6% Preference shares, P75 par, 200,000 shares authorized, 70,000 shares issued ordinary Shares, P5 stated value, 500,000 shares authorized, share issued and shares outstanding 500,000 Share Premium-ordinary 600,000 1,000,000 Retained Earnings Total Share Capital and Retained Earnings Less: Treasury Stock Ordinary, 10,000 shares, at Cost 0.000 Total Shareholders' Equity Required Provide the answers to each of the following questions: 1. What is the total issue price of the preference shares? ,zcarre (20, s 2. How many ordinary shares were issued? t eocu 3. How many ordinary shares are outstanding? gor000 loo too f10, 4. What was the total issue price of the ordinary shares? sou Doo 5. What is the total legal capital of the corporation? 3s o coo 6. What is the total contributed capital of the corporation? 7. What is the total shareholders' equity? 2, 10.000 4 (go, on/ro ero) 8. For how much per share was the treasury stock purchased? 9. What is the amount of the required preference dividends

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