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The following data were compiled prior to preparing statement of financial position of the Conviction Corporation: Authorized share capital, P100 par value P 4,000,000 Unissued

The following data were compiled prior to preparing statement of financial position of the Conviction Corporation:

Authorized share capital, P100 par value

P 4,000,000

Unissued share capital

800,000

Subscribed share capital

480,000

Subscriptions receivable

`120,000

Premium on share capital

320,000

Premium on bonds payable

240,000

Gain on sale of treasury shares

80,000

Donated capital

800,000

Share warrants outstanding

200,000

Reserve for bond sinking fund

400,000

Reserve for depreciation

600,000

Treasury shares, at cost

144,000

Retained earnings, unappropriated

720,000

Cash dividends payable

160,000

Revaluation increment on property

800,000

Net unrealized loss on financial assets at fair value through OCI

96,000

  1. What is the total share premium? 1,400,000
  2. What is the total contributed capital? 4,960,000
  3. What is the total appropriated earnings? 544,000
  4. What is the total legal capital? 3,680,000
  5. What is the total shareholders equity? 6,640,000

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