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Compute for the dividend income. The following are the chronological transactions of IPASAMONAPLIS Company: Purchased 8,000 shares of PAKIUSAP Co., ordinary par P10, at P40

Compute for the dividend income.

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The following are the chronological transactions of IPASAMONAPLIS Company: Purchased 8,000 shares of PAKIUSAP Co., ordinary par P10, at P40 per share Received a share dividend of one share for every four owned Received a cash dividend of P5 per share Received stock rights to purchase one share at P30 for every five shares held. On this date, the share has a market value of P35 ex-right and the right, P5. The company accounts stock rights separately Exercised all rights Sold 8,400 shares at P45 per share

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