The following end-of-year equity section relates to the current year: 8%, P100 par, cumulative Preference share capital P10,000 P5 par Ordinary share capital 40,000 Share premium - preference share 5,000 Share premium - ordinary share 20,000 Retained earnings 60,000 Treasury shares (10,000) There were 2 years preference share dividends in arrears as of the beginning of the current year. The firm pays the maximum allowable dividend at the end of the current year. 31. How much dividends were declared? 32. How much do the ordinary shareholders receive