Use the following information for the next ten Items: Savemore Corporation was formed on April 1, 2020. The general ledger accounts for the Savemore Corporation show the following activities for the first month of operations: Cash 81.250 35,000 40.425 103,500 Preference Share Capital P50 par (2) 100 000 25.000 (10) 50 000 Ordinary Share Capital no par PS stated value Pre-operating Expenses 5.400 (3) (8) 17 500 Land 150 000 (2) Subscribed Preference Share Capital (10) 50.000 (5) Subscriptions Receivable - Ordinary 53.900 (7) 40 425 (5) Subscribed Ordinary Share Capital 17.500 5 35 000 (8) Subscnptions Receivablo - Preference 172.500 (9) 103 500 There were no other transactions during April. The total preference shares issued and subscribed represents 50% of the preference shares authorized. The ordinary shares issued for cash represents 1/4 of the ordinary shares authorized Based on the information above, answer the following: 1. How much is the total authorized preference share capital? 2. How many ordinary shares were authorized for issuance? 3. How many ordinary shares were issued as payment for pre-operating expenses? 4. What is the share price of the subscribed preference shares? 5. What is the share price of the subscribed ordinary shares? 6. How many preference shares are issued and outstanding? 7. How many ordinary shares are entitled to receive dividends? 8. How much is the total legal capital? %. How much is the total contributed capital? 10. How much is the total shareholders equity? Use the following information for the next ten Items: Savemore Corporation was formed on April 1, 2020. The general ledger accounts for the Savemore Corporation show the following activities for the first month of operations: Cash 81.250 35,000 40.425 103,500 Preference Share Capital P50 par (2) 100 000 25.000 (10) 50 000 Ordinary Share Capital no par PS stated value Pre-operating Expenses 5.400 (3) (8) 17 500 Land 150 000 (2) Subscribed Preference Share Capital (10) 50.000 (5) Subscriptions Receivable - Ordinary 53.900 (7) 40 425 (5) Subscribed Ordinary Share Capital 17.500 5 35 000 (8) Subscnptions Receivablo - Preference 172.500 (9) 103 500 There were no other transactions during April. The total preference shares issued and subscribed represents 50% of the preference shares authorized. The ordinary shares issued for cash represents 1/4 of the ordinary shares authorized Based on the information above, answer the following: 1. How much is the total authorized preference share capital? 2. How many ordinary shares were authorized for issuance? 3. How many ordinary shares were issued as payment for pre-operating expenses? 4. What is the share price of the subscribed preference shares? 5. What is the share price of the subscribed ordinary shares? 6. How many preference shares are issued and outstanding? 7. How many ordinary shares are entitled to receive dividends? 8. How much is the total legal capital? %. How much is the total contributed capital? 10. How much is the total shareholders equity