On January 1, 2020, Bowie Corp. had the following balances (all balances are normal): Accounts Amount Preferred Stock, ($100 par value, 5% noncumulative, 50,000 shares $500 000 authorized, 5,000 shares issued and outstanding) ' Common Stock ($5 par value, 200,000 shares authorized, 100,000 $500 000 shares issued and outstanding) ' Paidin Capital in Excess of par, Common 200,000 Retained Earnings 800,000