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At Dec.31,2020 X company has following Balances Share Capital of OS $500,000 at par value of $10per share Share Capital of PS $100,000 at par

At Dec.31,2020 X company has following Balances

Share Capital of OS $500,000 at par value of $10per share

Share Capital of PS $100,000 at par value $100 per share

Retained Earning $200,000

PS has a right in 5% interest and cumulative and fully participating

Dividends Paid is $100,000

PS has one year dividends in arrear

OS share from Cash Dividends in 2020 is

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