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ABC Company reported $3,200.000 net income before tax on 31st Dec 2020. The company is subject to 25% income tax and has the following capital

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ABC Company reported $3,200.000 net income before tax on 31st Dec 2020. The company is subject to 25% income tax and has the following capital structure in that date. Share Capital-Ordinary ($5 Par) $10,000,000 Share capital-preference (250,000 shares, 10%) $5,000,000 share premium-ordinary $3,000,000 retained earnings $12,000,000 treasury shares (cost $10/share) $1,000,000 Accumulated revaluation surplus $1,000,000 based on this information, Par value per preference share is: Select one: a. $20/per share b. can not be determined c. $1/share O d. $10/share

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