Problem 6 Four, Inc. provided the following balances at the end of the current year: Wasting asset, at cost P20,000,000 Accumulated depletion 2,500,000 Share capital 50,000,000 Capital liquidated 1,800,000 Retained earnings 1,500,000 Depletion based on 50,000 units at P20 per unit 1,000,000 Inventory of resource deposit 100,000 Required: a. Compute the maximum dividend that can be declared. b. P

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