CONNALLY INC Balance Sheet(partial) Stockholders Pasdan capital Capital stock 5 600.000 9 preferred stacks: par value, 10.000 es authorized, 6.000 shares med and outstanding 2.000.000 Common stock, no 55 stated valor, 500,000 shares authorised, 400.000 shares sed, and 300.000 sharest 2.600.000 Total capitale uditional paid is capital $ 30 000 In excess of preferred stock > who dos poud In excess of stated valecommon wock 140.000 From treasury stock Total additional paid-in capital Total paid is capital Retained earnings Total paid.in capital and retained earnings Less: Treasury stock (10,000 commcs shares) (at cost) Total stockholders equity 150.000 1 030 000 3.610.000 1.058.000 4.658.000 30.000 54.605.000 P13-5A Prepare stockholders' equily section (L04) The following stockholders' equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2017 Common Stock ($5 stated value) $2.000,00 0 Paid-in Capital from Treasury Stock 10.000 Paid-in Capital in Excess of Par-Preferred Stock 679,000 lid-in Capital in Excess of Stated Value-Common 1,600,000 Stock Preferred Stock (8%, $50 par) 800,000 Retained Earnings 1,748,000 Treasury Stock (10,000 common shares) 130,000 Instructions Prepare a stockholders' equity section at December 31, 2017