An entity provided the following data at year-end:
Authorized share capital 5,000,000
Unissued share capital 2,000,000
Subscribed share capital 1,000,000
Subscription receivable 400,000
Share premium 500,000
Retained earnings unappropriated 600,000
Retained earnings appropriated 300,000
Revaluation surplus 1,500,000
Treasury shares, at cost 800,000
What total amount should be reported as shareholders’ equity?
a. 5,700,000
b. 6,100,000
c. 8,700,000
d. 4,700,000
