Barney Corporation recognized a $$100$ million preferred stock balance on $12/31/2019.$

On January $1,2020,$ Barney issued $$10$ million in preferred dividends.

On the same date, Barney raised an additional $$20$ million via a new issuance of preferred stock.

On December $31,2020,$ the market value of the original amount of preferred shares rose $$5$ million.

Under US GAAP, the $12/31/2020$ year ending preferred stock balance is:

$$110m$

$$115m$

$$120m$

$$125m$