Show support computation whenever necessary. A. Marina Incorporated was incorporated in 2013 and was authorized to issue ordinary shares with par value of 1,000 each. Michael Crawford subscribed to 2,000 shares for a total subscription price of 2,200,000. After paying 860,000 , Michael made no further payment despite several calls by the corporation thus the shares were declared delinquent and auctioned to the public. Auction expenses amounting to 50,000 were paid by Marina Incorporated. The following were the bidders on the said auction: Colm|Wilkinson 1,600 shares Michael Ball 1,500 shares Anthony Warlow 1,900 shares Philip Quarks 1,400 shares REQUIRED: A. Determined the following: 1. How much is the subscription balance? 2. How much is the bid price/offer price? 3. Who is the highest bidder? 4. How many shares will go to the highest bidder? 5. How many shares will go to Michael Crawford? B. Necessary entries in the corporation's books to record the above mentioned transactions. C. Entries assuming nobody bids and the corporation reacquired the shares