ANSWER NUMBERS 2,3 and 4

Question 35 At the beginning of current year. CFAS Company was organized and authorized to issue 100,000 shares with P50 par value During the current year, the entity 1 had the following: transactions relating to shareholders equity: Issued 10.000 shares.at P70 per share. Issued 20.000 shares at P80 per share. Reported net income of P 1.000.000 Paid dividends of P200,000 Purchased 3.000 treasury shares at P100 per share 1. What amount should be reported as share capital at year - end? P1.500.000 2. What amount should be reported as share premium at year - end? [Select) 3. What is the total shareholders equity at year-end? P2.800.000 4. What is the contributed capital at year-end? Select