1. The following accounts are found in the trial balance of HUSKY Inc. at December 31, 2020.

Preference Share Capital, P100 par, 40,000 shares authorized; 10,000 shares issued
Ordinary Share Capital, P10 stated value, 200,000 shares authorized; 55,000 shares issued
Subscribed Preference Share	P400,000
Subscribed Ordinary Share	160,000
Additional Paid-in Capital Preference	120,000
Additional Paid-in Capital Ordinary	84,000

What is the total legal capital of HUSKY Inc. as of December 31, 2020?

Please answer immediately.