The capital accounts of Knicks Corporation on December 31, 2018 showed the following accounts included in the shareholders equity:
10%Preference Share Capital, 300,000 shares				P 15,000,000
Ordinary Share Capital, 3,000,000 shares				30,000,000
Preference Share Premium				3,000,000
Ordinary Share Premium				15,000,000
Retained Earnings				13,500,000
During the year 2019, the following transactions took place.
Jan	2	Issued 7,500 preference shares at P 60 per share
Mar	1	Issued 12,500 ordinary shares at P 25 per share
May	1	2 for 1 share split
July	1	Reacquired 10,000 ordinary shares at P 14 per share
Sept	30	Reissued 7,500 treasury shares at P 16 per share
Dec	31	Profit for the year amounted to P 1,250,000.
Dec	31	Declared regular dividend to preference shares and P 2.00 dividend per share on ordinary shares.
Prepare the shareholders equity section of the statement of financial position of Knicks Corporation as of December 31, 2019.