XYZ Corporation has 20,000 shares of P 10 par value ordinary share capital. Retained Earnings have a balance of P216,800. The corporation owns 5,000 shares of ABC Trading that has been purchased at a total cost of P62,000. The shares of ABC Trading are traded in the stock market and the market value of the share on the date of declaration is P15.20 per share. The Board declared a dividend of one share of ABC Trading for every 10 shares owned by XYZ Corporation. Assume that instead of declaring a property dividend of 1 share of ABC Holding for every 10 shares of XYZ Corp. shares owned, the Board of Directors decided to declare a cash dividend that is equivalent to the cash that would have been received had they sold the shares they intended to give as property dividends on the date of declaration. How much cash dividend per share of ordinary share will have to be declared?* P10.00 per share O P15.20 per share O P1.52 per share O P3.10 per share