Prepare the Stockholders Equity section of the balance sheet from the following account balances: Retained Earnings $143,000.

Prepare the Stockholders’ Equity section of the balance sheet from the following account balances:

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Retained Earnings $143,000. Subscriptions Receivable, Preferred 10 Percent Stock 20,000 Common Stock, $40 par (30,000 shares authorized) 400,000 Preferred 10 Percent Stock, $50 par (2,000 shares authorized) 25,000 Premium on Common Stock 40,000 Preferred 10 Percent Stock Subscribed 20,000