For a recent 2-year period, the statement of financial position of Jiang Group showed the following equity data at December 31 (amounts in millions).

Instructions
a. Answer the following questions.
1. What is the par value of the ordinary shares?
2. What is the cost per treasury share at December 31, 2020, and at December 31, 2019?
b. Prepare the equity section of the statement of financial position at December 31, 2020.

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2020 2019 Share premium-ordinary HKS 891 HKS 817 Share capital-ordinary 545 540 Retained earnings 5,226 7,167 Treasury shares (1,428) (918) Total equity HK$7,175 HK$5,665 Ordinary shares issued 218 216 Ordinary shares authorized 500 500 Treasury shares 34 27