. The "shareholders' equity" account of Jenny Corporation, after its initial year of operation in 2014 shows the following:

Jan. 1 Issued 6,000 shares at par of P100 in exchange

for real property with a market value of P 800,000;

authorized 20,000 shares - P 600,000

Jan. 15 Sold 8,000 shares at P 120 - 960,000

Mar. 10 Purchased 800 Alegria shares at P150 - P 120,000

15-May Loss on sale of machinery - 40,000

10-Jun Sold 400 treasury shares - 68,000

Dec. 31 Cash dividends declared payable January 15,2015 - 80,000

Dec. 31 Profit for the year - 316,000

QUESTIONS:

Based on the information presented above and the result of your audit, answer the following:

1. The adjusted share capital as of December 31,2014 is

a. P1,360,000 c. P1,400,000

b. P1,560,000 d.P1,340,000

2. The total share premium as of December 31,2014 is

a. P 360,000 c. P 368,000

b. P 160,000 d. P 168,000

3. The unappropriated retained earnings as of December 31,2010 is

a. P 196,000 c. P 136,000

b. P 156,000 d. P 144,000

4.The adjusted total equity on December 31,2014 is

c. P 1,944,000 c. P 1,744,000

d. P 1,704,000 d. P 1,904,000

5.The book value per share of Alegria Corporation on December 31,2014 was

e. P 140.00 c. P 128.20

f. P 132.22 d. P 125.29