Phileo Bhd. has a stockholders' equity account as shown below. Alice holds 500 ordinary shares of Phileo which currently sells for RM20 per share in 2008. RM Preferred shares Ordinary shares (2,000,000 shares @ RM1 par) Paid-in-capital Retained earnings Total stockholders' equity 500,000 2,000,000 10,000,000 11,600,000 RM24,100,000 (i) Compute the maximum dividend per share that Phileo can pay? (Assume capital includes all paid-in capital) (ii) Show the effects on the number of shares outstanding, par value and stock price if 2 for 1 stock split of the common stock take place. (iii) Show the effects on the number of shares outstanding, par value and stock price if stock dividend of 5% on the common stock take place. (iv) Determine the number of shares and proportion of ownership that Alice own after the stock split and stock dividend at part (ii) & (iii) above.