On January 1, 2020. ABC Retailer Corporation purchased 40,000 shares of Pi Rice Miller Inc. P40 each. During March 2020.5% stock dividends were declared and distributed. The fair value of the stocks on dividend declaration date were P32 each. On June 1, 2020, the board declared property dividends of one kilogram of rice for every 500 shares held as of June 10, 2020. The dividends are to be distributed on June 25. A kilo of rice is valued at P38. What is the journal entry on June 25 if ABC plans to have the dividends as additional items to be sold in its store? You may show supporting solutions mathematically (not in good accounting form will be accepted.)" I will include the journal entry in the PDF file. ABC received P200,000 cash in lieu of 2.5% stock dividend on its 500,000-share investment. The original cost and the fair value as of dividend declaration date of a share is P15 and P18 respectively. What is the journal entry based on the provided statements? I will include the journal entry in the PDF file