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Polonium Company showed the following data: Preference share capital, par value P20, 100,000 shares authorized, 50,000 shares issued P1,000,000 Ordinary share capital, par value P10, 200,000 shares authorized, 100,000 shares issued 1,000,000 Retained earnings 2,000,000 Market value of preference share on date of declaration P30.00 Market value of ordinary share on date of declaration P15.00Astatine Company provided the following transactions. 09/15/2017 Declared a 20% share dividend on 100,000 shares, par value P10. The shares were originally sold at P15. 10/15/2017 Distributed the share dividend declared on 09/15/2017 which included fractional warrants for 2,000 shares. 12/01/2017 1,500 shares were issued for fractional warrants. The remaining warrants expired. 09/15/2018 Declared scrip dividend of P2 per share payable on November 15, 2018 with interest at 12%. 11/15/2018 Paid the scrip dividend. 12/01/2018 Declared a dividend of 1 share of PT Company on every share of Astatine Company owned. PT Company shares are carried at a cost P3 per share and the market value is P4 per share. 12/31/2018 Distributed the PT Company shares to shareholders. The market value of PT Company share is P6