Assume the following information for Jewong Co. at December 31, 2020.

12% Cumulative and Non-participating Preference Share, P10 par, 15,000 shares issued and outstanding Ordinary Share, P5 par, 60,000 shares issued and outstanding.

The company declared and paid cash dividends amounting to P30,000 for the year. At the beginning of the year, undeclared dividends amounted to P13,500.

What is the amount of dividends paid to the companys ordinary shareholders?

Please answer immediately.