Information from the financial statements of Ames Fabricators, Inc., included the following:

$\backslash$table$[[,,2020],[$Common shares,$100,000,100,000],[$Convertible preferred shares,,$],[($convertible into $32,000$ shares of common$),12,000,12,000],[8\%$ convertible bonds,,$],[($convertible into $30,000$ shares of common$),$;$1,000,000,1,000,000$