15 to con As of December 31, 20-, the balances of the stockholders' equity accounts of Higble Auto Inc. were as follows: Common stock, $6 par (30,000 shares authorized, 13,000 shares issued) Pald-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) Pald-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-- Higble Auto Inc. Balance Sheet (partial) December 31, 20- Pald-in capital: Less: Preferred stock subscriptions receivable 24,000 78,000 Additional paid-in capital: Total pald-in capital DOORN Total stockholders' equity