6. The following accounts appear in the ledger ofBoulder Inc. after the books were closed on December 31st. Common Stock, no par, $1 stated value, 400,000 shares authorized; 300,000 shares issued $300,000 Common Stock Dividends Distributable 30,000 Paid-in Capital in Excess of Stated ValueCommon Stock 1,200,000 Preferred Stock, $5 par value, 8%, 40,000 shares authorized; 30,000 shares issued 150,000 Retained Earnings 800,000 Treasury Stock (10,000 common shares) 74,000 Paid-in Capital in Excess of ParPreferred Stock 344,000 Directions Prepare the stockholders equity section at December 31st, assuming retained earnings is restricted for a land purchase in the amount of $100,000