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67. Samantha Corporation provided the following data: During 2021, the entity dedared and paid cash dividends of P750,000 and also declared and issued a share
67. Samantha Corporation provided the following data: During 2021, the entity dedared and paid cash dividends of P750,000 and also declared and issued a share dividend. There were no other changes in shares issued and outstanding in 2020 aside from the share dividend distribution. The net income for 2021 is P1,500,000. How much is the balance of Accumulated Profits on December 31, 2021? 68. Ampersand Corporation has 10,000 shares of 7\% P50 par preference share and 100,000 shares of P4 par value ordinary share outstanding. Two years of preference dividends are in arrears. The corporation declared a cash dividend large enough to pay the preference dividends in arrears, the preference dividend for the current year, and a P1.50 dividend to ordinary shareholders. How much is the total dividend declared
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