Nest Company issued 100,000 ordinary shares

Subject:AccountingPrice: Bought3

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Nest Company issued 100,000 ordinary shares. Of these, 5,000 shares were held as treasury on January 1, 2016. During 2016, transactions were as follows:
May     1         1,000 shares of treasury were sold
Aug     1         10,000 unissued shares were sold
Nov     15       A 2-for-1 share split took effect


1.     On December 31, 2016, how many shares were issued?
2.     On December 31, 2016, how many shares were outstanding?

On January 1, 2017, Jeanne Company granted the president compensatory share options to buy 5,000 shares of P100 par value. The options call for a price of P120 per share and are exercisable for four years following the grant date. The president exercised the options on December 31, 2017.

The market price of the share was P150 on January 1, 2017 and P180 on December 31, 2017. The fair value of a similar share option with the same terms was P60 on the grant date
3.     What is the compensation expense for 2017?
4.     By what net amount should shareholders' equity increase as a result of the grant and exercise of the option?