The shareholders' equity section of Raja Corporation's statement of financial position as of December 31, 2021, is as follows:

Ordinary shares, P10, par value; authorized,

2,000,000 shares; issued 400,000 shares: P 4,000,000

Share premium: 1,700,000

Retained Earnings: 6,000,000

Total: P11,700,000

The following transactions occurred during 2022:

Jan. 5 10,000 ordinary shares were issued at P17 per share. The company incurred share issue costs of P1 per share.

Jan. 16 Declared a cash dividends of P0.40 per share, payable February 15 to shareholders as of record February 5.

Feb. 20 Reacquired 50.000 shares as treasury shares at P20 per share

Feb. 25 20,000 ordinary shares were issued in exchange for an equipment having a fair value of P500,000. The company incurred share issue costs of P20,000.

Mar. 1 A 30% stock dividend was declared and issued. Market value of shares on this date was at P30.

Apr. 1 A two-for-one share split was carried out. Market value of shares on this date was P18 per share.

May 30 Reissued half of the treasury shares at P14 per share.

July 1 A 15% stock dividend was declared and issued. Market value is currently at P20 per share.

Aug. 1 A cash dividend of P0.20 per share was declared payable September 1 to shareholders as of record on August 21.

Dec. 31 Adjusted net income for the year is P2,150,000.

Question 1: The correct ordinary share balance as of December 31, 2022 is?

a. 6,313,500 b. 6,000,000 c. 6,250,000 d. 6,218,500

Question 2: The correct share premium balance as of December 31, 2022 is?

a. 4,405,500 b. 4,575,500 c. 4,357,500 d. 4,605,500

Question 3: The retained earnings - unappropriated as of December 31, 2022 is?

a. 3,232,260 b. 3,732,000 c. 2,993,260 d. 2,865,500

Question 4: How much is the correct shareholders' equity balance as of December 31, 2022?

a. 13,557,260 b. 13,787,260 c. 14,287,260 d. 14,152,260