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Share Capital, P5 par value, 2,000,000 shares authorized, 400,000 shares issued P 2,000.000 hare Premium 850.000 stained Earnings 3.000,000 5.850.000 The following events occurred during

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Share Capital, P5 par value, 2,000,000 shares authorized, 400,000 shares issued P 2,000.000 hare Premium 850.000 stained Earnings 3.000,000 5.850.000 The following events occurred during 2014: an 5 10,000 shares were sold for P9 per share. an 16 Declared a cash dividend of P0.40 per share, payable Feb. 15 to shareholder of record on Feb 5. eb 10 40,000 shares were sold for P11 per share. Mar 1 A 40%% share dividend was declared and issued. Market value per share i currently P15. pr 1 A two-for-one split was carried out. Market value on March 31 was p18 pe share. ul 1 A 10%% share dividend was declared and issued. Market value is currently P10 per share. U2 1 A cash dividend of P0.40 per share was declared, payable Sep 1 to shareholder of record on Aug 21. ec 31 Profit for 2014 was P1,880,000. compute for the following as of December 31, 2014: 1) Shares issued and Outstanding 2) The balance of Share Capital The balance of Share Premium 4) The balance of Retained Earnings 5) Basic EPS

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