Apple Inc. Statement of hinancial position and specifically the shareholders' equity section is as follows: Common Shares, unlimited shares authorized 80,000 shares issued and outstanding $650.720 Retained Earnings 1.500.500 Total Equity $2.151.220 a) 80,000 shares were issued for cash at incorporation of the company, and no shares have been issued since. Determine how much cash was received for the shares issued in the beginning. (2 marks) b) If initially Apple Inc. issued only 40,000 shares for cash in the beginning and since then issued a 2-for-1 stock split. How much cash was received for the shares at incorporation? (2 marks) C) If initially Apple Inc. issued 70,000 shares for cash at incorporation and that the remaining 10,000 shares were issued as stock dividends with selling price of $38 per share. Determine how much cash was received for the shares issued at inception. (3 marks) d) Describe two (2) ways that corporations distribute assets to shareholders and advantages and disadvantages. You can assume that there is no liquidation of the company. (6 marks)