. The E.

Vendivel Company acquired the net assets of the Vivar Company on January 1, 2015 and made
the following entry to record the purchase:
Current Assets……………………………………… 100, 000
Equipment…………………………………………… 150, 000
Land…………………………………………………….. 50, 000
Buildings………………………………………………. 300, 000
Goodwill………………………………………………. 100, 000
Liabilities…………………………………. 80, 000
Common Stock, P1 par……………. 100, 000
Paid-in capital in excess of par… 520, 000

Assuming that the additional shares on January 1, 2017 would be issued on that date to compensate for
any fall in the value of E. Vendivel common stock below P16 per share, the settlement would be to cure
the deficiency by issuing added shares based on their fair values on January 1, 2017. The fair price of the
shares on January 1, 2017 was P10.

What is the additional number of shares issued on January 1, 2017 to compensate for any fall in the value
of the stock?