The shareholders' equity account of Unknown Corporation, after its initial year of operation in 2021 shows the following: Particulars Date Debit Credit Jan 1 Issued 6,000 shares at par of Php 100 in exchange for real property with a market value of Php 800,000; authorized 20,000 shares. Php 600,000 Jan 15 Mar 10 Sold 8,000 shares at Php 120 960,000 Purchased 800 Unknown Corporation Shares at Php 150 Php 120,000 May 15 Loss on sale of machinery 40,000 June 10 Sold 400 treasury shares 68,000 Dec 31 Cash dividends declared payable January 15, 2022 80,000 Dec 31 Profit for the year 316,000 Based on the information presented above, compute for the following: 1. Total contributed capital 2. Total equity