Aubrey Company provided the following data at year end: 2015 2016 Share Capital (P100 par value) 5,000,000 5,750,000 Share premium 1,000,000 1,500,000 Retained earnings 3,500,000 4,500,000 During the current year, the entity declared and paid cash dividend of P1,000,000 and also declared and issued a stock dividend. There were no other changes in shares issued and outstanding during the year. What is the net income for the current year? 3,250,000 2,000,000 1,000,000 2,750,000 91.0.62