(125) please check for accuracy!!

As of December 31,20, the balances of the stockholders' equity accounts of Higbie Auto Inc. were as follows: Paid-in capital in excess of par-common stock $17,000 Common treasury stock (2,000 shares at $6 per share) Preferred stock, 5%,$12 par ( 16,000 shares authorized, 5,000 shares issued) Paid-in capital in excess of par-preferred stock $6,000 Preferred stock subscribed (2,000 shares) Retained earnings $48,000 Required: Based on this information, prepare the stockholders' equity section of the Higbie Auto Inc. balance sheet as of December 31 , 20-.. Higbie Auto Inc. Balance Sheet (partial) December 31,20= Paid-in capital: Common stock subscnptions receivable Preferred stock subschiptions receivabie Common treasury stock Additional paid-in capital: Common stock subscriptions recelivable Preferred stock subscriptions recelvable Total paid-in capital ketained eamings Westicommon treasury stock (2,000 shame) Total stockholders' equity Previous