Use the information provided below to answer the following questions. Victoria Products Inc. Equity Section of the Balance Sheet October 31, 2020 Contributed capital: Preferred shares, $3 non-cumulative; unlimited shares authorized, shares issued and outstanding Common shares, unlimited shares authorized, 321,000 shares issued and outstanding Total contributed capital Deficit Total equity $ 457,600 B D $3,222,800 Other information: All of the shares were issued during the first year of operations (year ended October 31, 2019). The common shares were issued for an average price of $9.2 per share. The preferred shares were issued for an average price of $17.6 per share. Retained Earnings at October 31, 2019, was $380,000. No dividends had been paid for the year ended October 31 Required: 1. Calculate A. I Number of Preferred shares