D Question 63 2 pts Question 65-67 will be based on the following information: ICE Corp. is authorized to issue P10 par ordinary share capital. The company received subscription from Mr. Cold for 20,000 shares at P15 per share. Mr. COLD paid 40% down payment and the balance is payable at the end of 60 days. After several calls, Mr. COLD failed to pay the balance of his subscription. Thirty days after the due date, the shares were declared delinquent and were advertised for sale at a public auction. Expenses incurred for advertising the sale amounted to P5,000, which were duly paid by the corporation. There were three (3) bidders who are willing to Pay the remaining balance of subscription and all expenses related to the delinquent shares and are willing to get the number of shares as follow: Sunny So 10,000 shares Moony Mo 8,000 shares Windy Wee 12,000 shares What amount would be the total receivable from the highest bidder? Answer pattern: 100,000 Question 64 2 pts ICE Corp. is authorized to issue P10 par ordinary share capital. The company received subscription from Mr. Cold for 20,000 shares at P15 per share. Mr. COLD paid 40% down payment and the balance is payable at the end of 60 days. After several calls, Mr. COLD failed to pay the balance of his subscription. Thirty days after the due date, the shares were declared delinquent and were advertised for sale at a public auction. Expenses incurred for advertising the sale amounted to P5,000, which were duly paid by the corporation. There were three (3) bidders who are willing to Pay the remaining balance of subscription and all expenses related to the delinquent shares and are willing to get the number of shares as follow: Sunny So 10,000 shares Moony Mo 8,000 shares Windy Wee 12.000 shares Who is the highest bidder? Answer pattern: Jane Dee Question 65 2 pts ICE Corp. is authorized to issue P10 par ordinary share capital. The company received subscription from Mr. Cold for 20,000 shares at P15 per share. Mr. COLD paid 40% down payment and the balance is payable at the end of 60 days. After several calls, Mr. COLD failed to pay the balance of his subscription. Thirty days after the due date, the shares were declared delinquent and were advertised for sale at a public auction. Expenses incurred for advertising the sale amounted to P5,000, which were duly paid by the corporation. There were three (3) bidders who are willing to pay the remaining balance of subscription and all expenses related to the delinquent shares and are willing to get the number of shares as follow: Sunny So 10,000 shares Moony Mo 8.000 shares Windy Wee 12,000 shares How many shares will be given to Mr. Cold? Answer pattern: 1,000 shares