Bonita Inc., has 2700 shares of 5%, $50 par value, cumulativepreferred stock and 99800 shares of $1 par value common stockoutstanding at December 31, 2020, and December 31, 2019. The boardof direct Bonita Inc, has 2700 shares of \( 5 \%, \$ 50 \) par value, cumulative preferred stock and 99800 shares of \( \$ 1 \) par value common stock outstanding at December 31, 2020, and December 31, 2019. Th 2 answers