On December 31, 2020, the equity section of J Company revealed the following information: (see image below). How much is the contributed capital of J Company as of December 31, 2020?

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Preference share capital, P300 par Share premium - preference shares Ordinary share capital, P150 Share premium - ordinary shares Subscribed ordinary share capital Retained earnings - appropriated Unrealized loss on available for sale securities Subscription receivable - ordinary shares Retained earnings - unappropriated Treasury shares - ordinary P7,000,000 3,000,000 4,335,000 650,000 950,000 550,000 800,000 700,000 3,500,000 1,000,000 Preference share capital, P300 par Share premium - preference shares Ordinary share capital, P150 Share premium - ordinary shares Subscribed ordinary share capital Retained earnings - appropriated Unrealized loss on available for sale securities Subscription receivable - ordinary shares Retained earnings - unappropriated Treasury shares - ordinary P7,000,000 3,000,000 4,335,000 650,000 950,000 550,000 800,000 700,000 3,500,000 1,000,000

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