Calculator Stockholders' Equity Category Peeler Company was incorporated as a new business on January 1, 2017. The corporate charter approved on that date authorized the issuance of 1,200 shares of $100 par, 7% cumulative, nonparticipating preferred stock and 11,000 shares of $5 par common stock. On January 10, Poeler issued for cash 570 shares of preferred stock at $130 per share and 3,800 shares of common stock at $81 per share. On January 20, it issued 1,100 shares of common stock to acquire a building site at a time when the stock was selling for $71 per share. During 2017, Peeler established an employee benefit plan and acquired 530 shares of common stock at $58 per share as treasury stock for that purpose. Later in 2017, it resold 120 shares of the stock at $66 per share. On December 31, 2017, Peeler determined its net income for the year to be $41,500. The firm declared the annual cash dividend to preferred stockholders and a cash dividend of 54 per share to the common stockholders. The dividends will be paid in 2018. Required: 1. Develop the stockholders' Equity category of Peeler's balance sheet as of December 31, 2017. For those boxes in which you must enter subtracted or