Question: PS. If you get the answer can you send it to me right away? you can send the solution later. MY PRIORITY IS TO KNOW

PS. If you get the answer can you send it to me right away? you can send the solution later. MY PRIORITY IS TO KNOW THE FINAL ANSWER AS SOON AS POSSIBLE. Is that okay with you?

Presented below is the shareholders equity of Lee Min Ho (LMH) Company on January 1, 2020. Share capital, par value P20 authorized 50,000 shares; issued and outstanding, 30,000 shares 600,000 Share premium 150,000 Retained Earnings 230,000 During 2020, the following transactions occurred relating to shareholders equity: - 1,000 shares were reacquired at P28 per share - 900 shares were reacquired at P30 per share - 1,500 shares of treasury were sold at P32 per share For the year ended December 31, 2020, LMH reported net income of P110,000. What should be reported as total shareholders equity on December 31, 2020?

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