1. What is the amount of dividend per share that MOONSTONE paid on March 31, 2021?

2. How much is the ordinary share capital, December 31, 2021?

3. How much will is the total cash dividends paid during the year 2021?

4. Number of fractional warrants outstanding as of December 31, 2021

5. How much is the retained earnings appropriated for contingency loss?

PROBLEM 5 The capital accounts of MOONSTONE Company on December 31, 2020 are as follows: ORDINARY SHARES. Php 10. 1.000.000 issued and outstanding Php 10.000.000 SHARE PREMIUM 5,000,000 RETAINED EARNINGS 25,000,000 The following related transactions happened on the operating year 2021. Issued 500,000 new shares at Php 15.| Feb. 15 Mar. 31 Paid quarterly dividends of Php 2,250,000. May 13 Php 2,000,000 of 1,000 bonds were converted to ordinary shares at a rate of 100 shares per 1,000 bonds. Jun. 16 Issued 11% stock dividends. Jun. 30 Paid quarterly dividends. The dividends per share is the same as that paid in the first quarter. Sept. 30 MOONSTONE Company declared and distributed a 30% share dividend but initially issued only 500,000 new shares; the other dividend shares were not issued because some investors did not own MOONSTONE shares in even multiple of 10. To these shareholders, MOONSTONE issued fractional share warrants. Oct. 15 80% of the fractional share warrants were ultimately turned in for shares thus full shares were issued. Nov. 31 MOONSTONE is being sued by two separate parties for patent infringements, MOONSTONE management and outside legal counsel share the following opinions regarding to these suits: Suit Number Likelihood of Losing the suit Estimated Loss 1 Reasonably possible 300,000 2 Probable 200,000 Paid quarterly dividends. The dividends per share is twice the dividends per share last June 30. Dec. 15 PROBLEM 5 The capital accounts of MOONSTONE Company on December 31, 2020 are as follows: ORDINARY SHARES. Php 10. 1.000.000 issued and outstanding Php 10.000.000 SHARE PREMIUM 5,000,000 RETAINED EARNINGS 25,000,000 The following related transactions happened on the operating year 2021. Issued 500,000 new shares at Php 15.| Feb. 15 Mar. 31 Paid quarterly dividends of Php 2,250,000. May 13 Php 2,000,000 of 1,000 bonds were converted to ordinary shares at a rate of 100 shares per 1,000 bonds. Jun. 16 Issued 11% stock dividends. Jun. 30 Paid quarterly dividends. The dividends per share is the same as that paid in the first quarter. Sept. 30 MOONSTONE Company declared and distributed a 30% share dividend but initially issued only 500,000 new shares; the other dividend shares were not issued because some investors did not own MOONSTONE shares in even multiple of 10. To these shareholders, MOONSTONE issued fractional share warrants. Oct. 15 80% of the fractional share warrants were ultimately turned in for shares thus full shares were issued. Nov. 31 MOONSTONE is being sued by two separate parties for patent infringements, MOONSTONE management and outside legal counsel share the following opinions regarding to these suits: Suit Number Likelihood of Losing the suit Estimated Loss 1 Reasonably possible 300,000 2 Probable 200,000 Paid quarterly dividends. The dividends per share is twice the dividends per share last June 30. Dec. 15