Hatch plc has two classes of share capital outstanding: 8%, £20 par preference and £5 par ordinary. At December 31, 2021, the following accounts were included in equity.

Share Capital—Preference, 150,000 shares ...................... £ 3,000,000
Share Capital—Ordinary, 2,000,000 shares ....................... 10,000,000
Share Premium—Preference ..................................................... 200,000
Share Premium—Ordinary ................................................... 27,000,000
Retained Earnings .................................................................... 4,500,000

The following transactions affected equity during 2022.

Jan. 1	30,000 preference shares issued at £22 per share.
Feb. 1	50,000 ordinary shares issued at £20 per share.
June 1	2-for-1 share split on ordinary shares (par value reduced to £2.50).
July 1	30,000 ordinary treasury shares purchased at £10 per share. Hatch uses the cost method.
Sept. 15	10,000 treasury shares reissued at £11 per share.
Dec. 31	The preference dividend is declared, and an ordinary dividend of 50 pence per share is declared.
Dec. 31	Net income is £2,100,000.

Instructions

Prepare the equity section of the statement of financial position for Hatch plc at December 31, 2022. Show all supporting computations.