Exercise 4(Transactions Subsequent To Initial Recognition): A company owns 2,400 ordinary shares of B Corporation acquired at P100 per share. The shares represent less than 5% ownership in B corporation. Prepare journal entries for each of the following independent transactions. a. Received cash dividend of P7.50 per share. b. Received a bonus issue of 1 ordinary share for every 4 shares held. c. Received a preference share dividend of 1 share for every 4 ordinary shares held. Ordinary share is selling ex-dividend at P125 while preference share is selling at P250. d. Ordinary shares are exchanged in a 4-for-1 split. e. Received a property dividend of 1 ordinary share of C for every 6 shares of B held. Market price of C's ordinary share is P50 per share.