At the beginning of current year, Franta Company was authorized to issue share capital of 100,000 shares with P50 par value. The entity had the following share capital transactions during the year. Jan. 1 Sold 80,000 shares at P 60 per share. May 1 Reacquired 4,000 treasury shares at P 65 per share. Jul. 1 Approved a share split of 5 for 1 Oct. 31 Declared and issued a 10% share dividend when the market value of a share is P25. Dec. 31 Reissued all of the treasury shares at P30 Dec. 31 Net Income for the year was P 3 , 000 , 000 . Required: 1. Prepare a schedule of transactions in chronological order, to present the following Balances at year-end: 1.1. Total number of shares outstanding 1.2. Share Capital Balance 1.3. Share Premium Balance 1.4. Total Shareholders' Equity .