The following dividend declarations were made during the year: Mar 15 Declared a cash dividend of P5 per share payable on April 15 to Share holders of record of March 31. July 15 Declared as dividends the stocks of FIN232 Corp. owned by FIN213 Corp. One share of FIN232 Corp. stock will be distributed for every share of FIN232 Corp. stock owned. The stocks of FIN232 Corp. have a carrying value of P200 per share. Moreover, the fair value of FIN232 Corp. at the time of distribution is equal to P250 per share. Oct 15 Declared 30\% stock dividend distributable on December 1 to shareholders of record of November 15. Stocks are selling on this date at P50 per share. Nov 15 Declared 20,000 stock dividend distributable on December 15 to shareholders of record of November 30. Stocks are selling on this date at P70 per share. Required: Record the declaration and distribution of the above dividends. Case 2 The MAR214 Corp. declared and paid cash dividends for the last three years as follows: 202-P450,000203-P750,000204-P1,700,000 Required: Calculate the amount that will be paid per share in total on preference and ordinary share capital for each year assuming the capital structures as follows: 1. 50,000 shares of P20 par Ordinary Share Capital; 20,000 of P100 par, 10% noncumulative, fully participating Preference Share Capital. 2. 50,000 shares of P20 par Ordinary Share Capital; 20,000 of P100 par, 10% noncumulative, nonparticipating Preference Share Capital. Dividends are in arrears for three years at the beginning of 202. 3. 10,000 shares of P50 par Ordinary Share Capital; 10,000 of P100 par, 8% cumulative, fully participating Preference Share Capital. Dividends are in arrears for three years at the beginning of 202. 4. 10,000 shares of P50 par Ordinary Share Capital; 10,000 of P100 par, 8% cumulative, partially participating Preference Share Capital. Preference shares are participating up to an additional 5\%. Dividends are in arrears for three years at the beginning of 202