1. As of December 31, 2020, the Russell Corporation has

10,000 shares ($100 PAR) 10% preferred stockissued and outstanding

20,000 shares of common stock ($10 par value) issued and outstanding

Dividends for 2018 and 2019 have NOT been paid THEREFORE THERE ARE TWO YEARS OFF DIVIDENDS IN ARREARS ON THE PREFERRED STOCK.

At December 31, 2020, Russell Corp. declares total cash dividends of $500,000 to be paid to both the preferred stockholders and the common stockholders. Fill in the table below to indicate the amount of cash that will be distributed to both the preferred stockholders and the common stockholders, on December 31, 2020, under each of the independentsituations

	Distributed to preferred stockholders	Distributed to common stockholders
Preferred stock is NON cumulative and NON participating
Preferred stock is cumulative and NON participating