QUESTION $1-$ LIQUIDATION

On $30$ June $2023,$ Hubris Lid went into liquidation. At that date, the equity of Hubris Lid comprised the following.

$\backslash$table$[[300,000$ Preterence Shares Issued For $$1\mathrm{.}00$ Paid To $$0\mathrm{.}50,150,000],[$$$00,000$ Ordinary Shares lssued For $$1\mathrm{.}00$ Paid To $$0\mathrm{.}80,400,000]]$

After realising the assets and paying all credilors, the liquidator had $$170,000$ cash available to distribute to shareholders.

Required:

Prepare a statement detailing the distribution of cash to shareholders assuming the company's conatitution was silent regarding the rights of sharehalders upon winding up$.$