i$)$ A company issues $50,000$ P$1$ shares at a price of P$1\mathrm{.}25$ per share.

Calculate the amount that should be posted to the share premium account? $(2)$

ii$)$ On $1$ April $2013$ Pulsar plc issues $500,00025$t ordinary shares at their nominal value. At $31$ March $2014$ the market price of one ordinary share in Pulsar plc is P$1\mathrm{.}50.$

Calculate the amount at which shares should be included in Pulsar plc$\text{'}$s statement of financial position at $31$ March $2014$: