At the beginning of current year, CFAS Company was organized and authorized to issue 100,000 shares with P50 par value. During the current year, the entity 1 had the following: transactions relating to shareholders equity: • Issued 10,000 shares.at P70 per share. · Issued 20,000 shares at P80 per share. • Reported net income of P 1,000,000. • Paid dividends of P200,000. • Purchased 3,000 treasury shares at P100 per share. 1. What amount should be reported as share capital at year - end? (Select] < 2. What amount should be reported as share premium at year - end? [Select] 3. What is the total shareholders' equity at year-end? (Select] 4. What is the contributed capital at year-end? (Select]
