Question: The following data were compiled prior to preparing the statement of financial position of the Corporation as of December 31, 2022: Beginning balances January 1,

The following data were compiled prior to preparing the statement of financial position of the Corporation as of December 31, 2022:

Beginning balances January 1, 2022:

Ordinary share capital, P100 par value

P10,000,000

Share premium ordinary

3,000,000

Share premium treasury shares

20,000

Retained earnings unappropriated

1,500,000

Retained earnings appropriated

500,000

Treasury shares (2,500 shares)

300,000

Transactions during the current year 2022:

Issuance of 10,000 ordinary shares at P150

P1,500,000

Declaration of cash dividends

300,000

Sale of 1,500 treasury shares

217,500

Net unrealized loss on equity securities at other comprehensive income

70,000

Revaluation increment on property Land

800,000

Subscription of 3,000 ordinary shares

480,000

Shares subscriptions receivable for 3,000 subscribed shares due in 24 months

320,000

Acquisition of 1,000 treasury shares

135,000

Declaration and distribution of 5% share dividends at market value

582,750

Net income in 2022

1,450,000

Appropriation of retained earnings for plant expansion

610,000

How much is the retained earnings unappropriated as of December 31, 2022?

How much is the total contributed capital as of December 31, 2022?

How much is the balance of total shareholders equity as of December 31, 2022?

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