The following is the abstract of the shareholder's equity of Shake Corporation before the declaration of cash dividends:

15% Preference Share Capital, par P100, 30,000 shares all issued and outstanding	P3,000,000
Ordinary Share Capital, P50 par, 20,000 sharesall issued and outstanding	P1,000,000
Retained Earnings	P5,500,000

The BOD declared dividends of P1,200,000. No dividends were distributed last year.

Required: Make a table showing how much dividends the preference and ordinary shares will receive given the following independent situations:

a. Preference share is non cumulative and non participating

b. Preference share is participating

c. Preference share is cumulative

d. Preference share is both cumulative and participating

e. Preference share is participating only up to 18%