The following balances were taken from the books of Aquarius Corporation as of December 31 , ye 57. Compute for legal capital, assuming ordinary shares are par value shares. 58. Compute for legal capital, assuming ordinary shares are no-par value shares. 59. Presented below are balances taken from the books of Zodiac Corporation: During the year, Zodiac had only one issuance of new shares, which was paid for a price above par. How much was the price per share paid on the shares issued during the year? Round off you answer to two decimal places. 60. Paolo Reyes subscribed to 2,500 ordinary shares (P50 par) of Mambo Corporation for P185,000. On the date of subscription, Paolo paid 25% of the total subscription price. Two weeks later, he paid 25% of the unpaid balance. After numerous attempts of collection, no payment was received from Paolo and the subscription was dedared as delinquent. Mambo incurred P6,500 in advertising the auction. The auction bidders were: Primo, 1,950 shares; Mikko, 1,200 shares; and Edwin, 1,850 shares. How many shares will Paolo receive, assuming that there is a highest bidder? 61. Samantha Sanchez subscribed to 3,500 preference shares ( P100 par) of Samba Corporation for P420,000. On the date of subscription, Samantha paid 40% of the total subscription price. Afterwards, she paid 15% of the unpaid balance. After numerous attempts of collection, no payment was received and the subscription was declared as delinquent. Samba Corporation incurred P12,000 in advertising the auction. In the auction, there were no bidders. How much is debited to the account Treasury Shares