Selected T-accounts for Jade Mineral Corporation at December 31, 2020, are duplicated below. Preferred Shares, 56 cumulative 10,000 shares authorized 7,400 shares issued 173,160 Dec. 31/19 Bal.. 173,160 Dec. 31/20 Bal. Common Shares, 50,000 shares authorized 45,000 shares issued 513,000 Dec. 31/19 Bal. 513,000 Dec. 31/20 Sal. Retained Earnings 120,000 7 Dec. 31/19 801. Dec. 31/20 Bal. Note Dividends were not paid during 2018 or 2019. Dividends of $4.20 per common share were declared and paid for the year ended December 31, 2020. 2018 was the first year of operations All shares were issued in the first year of operations