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The following information relates to the records of CLARO CO. Authorized Ordinary Shares 500,000 shares, P20 par Ordinary Share Capital P5,000,000 Ordinary Shares Subscribed

The following information relates to the records of CLARO CO. Authorized Ordinary Shares 500,000 shares, P20 par Ordinary Share Capital P5,000,000 Ordinary Shares Subscribed Capital 2,400,000 Ordinary Shares Subscriptions Receivable 1,200,000 Ordinary Share Premium 1,480,000 How much is the contributed capital?

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