Items 9 through 13 are based on the following information: The capital structure of Buenos Aires Corporation on December 31, 2014 follows: Preference 12% Share, P200 par, 30,000 shares issued and outstanding P 6,000,000 Ordinary Share, P50 par, 100,000 shares issued and outstanding 5,000,000 Share Premium-Preference 1,800,000 Share Premium-Ordinary 1,500,000 Retained Earnings 2,200,000 During 2015, the following selected transactions occurred: a. Purchased and retired 4,000 preference shares at P280 per share. b. Purchased 8,000 shares of its own ordinary share at P75 per share when each share is selling in the market at P78 each. C. A two-for-one share split on the ordinary share was approved by the shareholders, thereby reducing the par value to P25. d. Reissued 6,000 treasury shares at P45 each. e. Shareholders donated 4,000 ordinary shares when the market price was P46 per share. The company recorded the donated shares as a memorandum in the treasury stock ledger. F. Two thousand of the donated shares were issued for P48 per share