The Heritage section below contains two errors. Identify the two errors and write them in the Excel file, in the area designated for it.

BENILUZ COMPANY Stockholders' Equity June 30, 2021 Capital stock 4% preferred stock, $100 par value, cumulative and nonparticipating, 200,000 shares authorized, 20,000 shares issued and outstanding- Preferred dividends in arrears $2,000,000 (40,000 $1,960,000 Common stock, $5 par value, 1,000,000 shares authorized, 321,940 shares issued with *3,500 shares held in the treasury Total capital stock 1,609,700 $3,569,700 Additional paid-in capital In excess of par-preferred stock In excess of par-common stock Total paid-in capital $ 100,000 6,539,620 6,639,620 $10,249,320 Retained earnings Total paid-in capital and retained earnings Plus: Treasury stock, *3,500 shares at cost Accumulated other comprehensive income Total stockholders' equity 304,680 $10,554,000 105,000 124,000 $10,783,000