At December 31st, the Jeter Company had the following ending balances;

Retained Earnings - $100,000

Preferred Stock ($100 par, 7% cumulative, 10,000 authorized, 5,000 issued and outstanding) - 500,000

Treasury stock - $35,000

Additional paid in capital - common stock - 400,000

Additional paid in capital - preferred stock - 50,000

Common stock ($5.00 par value, 100,000 shares authorized, 60,000 issued) - 300,000

Prepare the stockholders equity section of the balance sheet in good form with all of the required disclosures.