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3. Anderson Corporation reports the following Stockholders' Equity on its Balance Sheet as of December 31, 2012: Stockholders' Equity Preferred 5% Stock, $50 par (100,000

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3. Anderson Corporation reports the following Stockholders' Equity on its Balance Sheet as of December 31, 2012: Stockholders' Equity Preferred 5% Stock, $50 par (100,000 shares authorized, 25,000 shares issued). . $1,250,000 Pald-In Capital in Excess of Par - Preferred Stock 250,000 $1,500,000 Common Stock, $1 par (1,000,000 shares authorized, 150,000 shares issued) 150,000 Pald-in Capltal In Excess of Par - Common Stock 100.000 250,000 $1,750,000 Retained Earnings ... 2.550.000 Total Stockholders' Equity ..... 54.300.000 The Board of Directors for Anderson Corporation declared a 3-for-1 common stock split. Below you are to correctly rewrite the Stockholders' Equity portion of Anderson Corporation's Balance Sheet after the stock split. Stockholders' Equity TE AL

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