CREATING 1. A. ENGAGE Let's practice the process that you did in our lesson by answering the exercises below General Instruction: Solve the following problem. FAC Corporation has declared a dividend of Php 8,250,000. The corporation has 65,000 shares and prefers stocks that pay Php 45.00 per share and 112,200 shares of common stock. Solve the dividends due on preferred shareholders and the dividend per share of common stock. 2. LBD Enterprises has declared a dividend of Php 5,400,000 last year. The company has 30,000 shares of outstanding common stocks. What is the dividend per share of common stock? 3. ABCD Inc., has 30,100 share of Php 2,500 par value, 7% cumulative preferred stock and 19,000 shares of common stock. For the past two years the company had not declared dividends. In the end of the year, the board announces a dividend of Php 40,500,000. Find the amount of dividends due on preferred shareholders and dividend per share of common stock