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For the year ended December 31, 2019, ABC Corporation reported profit of P8,000,000. The company has the following share capital outstanding: 10,000 shares of 12%

For the year ended December 31, 2019, ABC Corporation reported profit of P8,000,000. The company has the following share capital outstanding: 10,000 shares of 12% preference share capital, par value P120

40,000 shares of ordinary share capital, par value P10

Preference shares are cumulative; dividends were declared during the current year.

1) How much is the Profit attributable to preference shares?

2) How much is the profit attributable to ordinary shares?

3) How much is the EPS?

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