The Shareholders' Equity of ADAM CO. on January 1, 2020 appears as follows:

12% Preference Share, P200 par, 20,000 shares authorized, 7,000 shares issued and outstanding 1,400,000

Share Premium - Preference 175,000

Ordinary Shares, P100 par, 180,000 shares authorized, 35,000 shares issued and outstanding 3,500,000

Share Premium - Ordinary 1,750,000

Retained Earnings 4,500,000

During 2020, the following transactions occurred:

Jan. 2: Issued 20,000 ordinary shares for P180 per share

Feb. 7: Purchase 6,000 ordinary shares for the treasury at P200 per share

Feb. 15: Shareholders donated 5,000 entity's own ordinary shares to the corporation

May 14: Sold half of the treasury shares acquired last February 7 for P220 per share.

June 27: Sold the donated shares at P220 per share

Aug. 28: Issued 4,000 preference shares to acquire special equipment with a fair value of P1,440,000

Sept. 24: Received Subscription to 18,000 ordinary shares at P250 per share

Sept. 25: Received Cash Payment for each subscriber for 40% of the ordinary share subscription price

Nov. 24: Received full payment of the 10,000 shares on Sept. 24 and 25

Dec. 31: Close Net income of P1,000,000 from the income summary account to retained earnings.

How much is the total share premium on December 31, 2020?

Please guide me in answering the requirement