The management of an entity completes the draft of financial statements for the year ended December $31,2008$ on February $28,2009.$ On March $15,2009,$ the board of directors reviews the financial statements and authorizes them for issue. The entity announces its profit and selected other financial information on March $20,2009.$ The financial statements are made available to shareholders and others on April $1,2009.$ The shareholders approved the financial statements at their annual meeting on May $10,2009$ and the approved financial statements are then filed with SEC and BIR on May $30,2009.$ For purposes of identifying events after balance sheet date, the financial statements were authorized for issue on