35.The shareholders’ equity of Ceda Corporation is presented below: 10% Preference Share, 2,000 shares outstanding P200,000 Ordinary Shares, 5,000 shares outstanding 100,000 Preference share premium...

35.The shareholders’ equity of Ceda Corporation is presented below:

10% Preference Share, 2,000 shares outstanding P200,000

Ordinary Shares, 5,000 shares outstanding 100,000

Preference share premium 20,000

Ordinary share premium 25,000

Retained Earnings 45,000

Compute the amount of issuance price forOrdinary Share?