Dividends

On December $31,2020.$ Pink Pinky declared and paid $$400,000$ of dividends. No dividends were declared

in $2019$ and $2018.$ Preferred Stock: $20,000,$ Par Value $$9\mathrm{.}00,8\%.$ Common Stock: $300,000,$ $$3\mathrm{.}00$ Par

Value. Prepared a schedules to distribute dividend assuming the following: P$/$S i$.($non cumulative and

non participating, ii$.($cumulative and non participating and iii. $($cumulative and participating$).$