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What is the total shareholders equity of good doctor on dec

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On December 29, 2020, Good Doctor Company was registered at the Securities and Exchange Commission with 100,000 authorized ordinary shares of P100 par value. On the same date, 40,000 shares were sold and issued at P105 per share. On May 14, 2021, the corporation purchased 600 shares of its ordinary share capital at P110 per share. On September 15, 2021, 400 treasury shares were sold at P95. In 2021, the corporation realized a profit after tax of P830,000 and paid a cash dividend of P200,000.

Problem 1: What is the total shareholders' equity of Good Doctor on December 31, 2021?

Reference no: EM132765994

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