Question 1 12 pts The record of Alamo Corporation showed the following data: Ordinary Share Capital, par P80, authorized 200,000 shares, and issued 50,000 shares P4.000.000 Additional Paid in Capital 230,000 Retained Earnings 2,300,000 Required: The following are independent cases. Journalize the dividend declaration and the dividend payment (1 point each journal entry/12 points) a. The BODs declared a 9% cash dividend b. The BODs declared a PS cash dividends c. The BODs declared a property dividend of P20 in merchandise to be distributed per share of stock d. The BODs declared a property dividend of 2 SMB shares for one Alamo share. SMB shares are selling at P15 but were acquired by Alamo Corporation at P10. e. The BODs declared 22% stock dividend. Stock are selling at P105 per share f. The BODs declared 12% stock dividend. Market value of stock is P120 per share