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What is the total amount of additional paid in capital

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Problem - Zack, Inc. was organized on January 1, 2021 with authorized share capital of 500,000, P10 par value ordinary shares. During 2021, Zack issued 10,000 shares at P14 each, purchased 1,000 treasury shares at P13 per share, and subsequently sold 800 of treasury shares at P15 per share and 200 shares at P10 per share.

1. What is the total amount of additional paid in capital at December 31, 2021?

2. What is the balance of Ordinary Share Capital as of December 31, 2021?

Reference no: EM132935857

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