BC Company acquired 6,000 shares of its own ordinary shares at P20 per share on February 5, 2010, and sold 3,000 of these shares at P27 per share on August 9, 2015. The fair value of BC’s ordinary shares was P24 per share at December 31, 2014, and P25 per share at December 31, 2015. The cost method is used to record treasury shares transactions. How much shall be credited to retained earnings to record that sale of 3,000 shares?

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