Please assist in answering all questions below

The following information relates to the 5 questions below: On 1 May 2017, Khehla Ltd was incorporated with an authorised share capital of 800 000 NPV ordinary shares and 500 000 11% preference shares of R5 each. The following information was extracted from the financial records of Khehla Ltd for the financial year ended 30 June 2020: Stated capital: Ordinary shares 935 000 576 000 11% Preference share capital Retained earnings. 1 020 000 1 240 000 Bank. Since its incorporation, Khehla Ltd has recorded the following transactions with regard to the issuing of shares: On 25 May 2017, 40 000 ordinary shares were issued to subscribers at R3.50 each On 18 June 2017, 120 000 ordinary shares and 64 000 11% preference shares were issued to the public at R5.5 each and R9.00 each respectively. On 31 July 2020, 30 000 11% preference shares were issued at R8.40 each On 15 April 2019, the share capital: ordinary shares increased by R135 000. These shares were issued at R3.60 each. On 31 October 2020, the directors approved a capitalisation issue of 4 shares for every 8 ordinary shares held at R2.20 per share. On 30 November 2020, the board of Khehla Ltd declared an interim ordinary dividend of R0.28 per share payable during December 2020. The company met the liquidity and solvency requirements and on 08 December 2020 payment was made to the shareholders in respect of the dividends. QUESTION 37 Which one of the following alternatives represents the correct total number of ordinary shares issued by Khehla Ltd as at a 31 October 2020? Select one: A. 160 000 B. 197 000 C. 197 500 D. 291 500 E. 295 000 Question 38 Assume that the total number of ordinary shares issued before the capitalisation is 200 000. Which one of the following alternatives represents the correct number of capitalisation shares to be issued by Khehla Ltd on 31 October 2020? Select one: A. 444 375 B. 130 666 C. 100 000 D. 50 000 E. 200 000 Question 39 Assume that the total number of capitalisation shares issued is 500 000. Which one of the following alternatives represents the correct value of the capitalisation shares to be issued by Khehla Ltd on 31 October 2020? Select one: A. R 990 000 B. R 1 100 000 C. R 4 500 000 D. R 1 306 800 E. R 500 000 Question 40 Assume that the total number of shares issued before the capitalisation and the capitalisation shares issued is 200 000 and 500 000 respectively. Which one of the following alternatives represents the correct amount of ordinary share dividend by Khehla Ltd on 30 November 2020? Select one: A. R 700 000 B. R 196 000 C. R 222 320 D. R 140 000 E. R 56 000 Question 41 Which one of the following alternatives represents the correct amount of preference share dividend by Khehla Ltd on 30 November 2020? Select one: A. R 35 640 B. R 37 950 C. R 27 720 D. R 63 360 E. R 91 080