Question: Goodevening, plz help me.. Problem 2 The shareholders' equity M. Pasado Company at Jan. 1, 2019, appears below: 8% Preference Shares, P250 par, 15,000 shares

Goodevening, plz help me.. Problem 2

The shareholders' equity M. Pasado Company at Jan. 1, 2019, appears below:

8% Preference Shares, P250 par, 15,000 shares authorized, 5,800 shares

issued and outstanding P1,450,000

Share Premium - Preference 870,000

Ordinary Shares, P100 par, 200,000 shares authorized, 40,000 shares

issued and outstanding 4,000,000

Share Premium - Ordinary 2,400,000

Retained earnings 2,700,000 ?

Thankyoo

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