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What is deck total shareholders equity at december

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Deck Corporation was organized on January 1, 2016, at which date it issued 100,000 shares of P10 par ordinary share at P15 per share. During the period January 1, 2016 through December 31, 2018, Deck reported net profit of P450,000 and paid Cash Dividends of P230,000. On October 31, 2018. Deck purchased 6,000 ordinary shares at P12 per share. On December 31, 2018, it sold 4,000 treasury shares at P8 per share.

Problem 1: What is Deck's total shareholders' equity at December 31, 2018?

Reference no: EM132888801

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