DOL Corporation began year 2019 with the following balances in its shareholders' equity accounts:

All outstanding common shares was issued for P28 per share when the corporation was created. Jan 1 The board of the Directors declared a P.10 cash dividend per share to shareholders of record of Jan.30. Feb 28 Paid the cash dividend declared on January 1. Mar 15 Declared a 20% share dividend. The market value of the share is P24 per share. May 1 Distribute the share dividend declared on March 15. June 30 Purchases 20,000 shares of treasury stock at P22 per share. Required: 1. Assume Net Income of P1,830,000, compute Earning Per Share for ordinary shareholders. 2. Assume Net Assets of P10,000,000 , 5,000 preference shares outstanding, 12% non-cumulative and non-participating with dividend declared on June 30, compute Book value Per Share for each class of shareholders.

P 4,000,000 Ordinary Shares, P20 par, 500,000 shares authorized 200,000 shares issued and outstanding Share Premium - Common Retained Earnings Total 1,500,000 6,300,000 11,800,000 P