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Information from the financial statements of Ames Fabricators, Inc., included the following: \table[[,,2020],[Common shares,100,000,100,000],[Convertible...

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Accounting

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