Current Attempt in Progress On January 1, 2022, Sheridan Corporation had the following stockholders' equity accounts. Common Stock ($22 par value, 60,500 shares issued and outstanding) $1,331,000 Paid-in Capital in Excess of Par-Common Stock Retained Earnings During the year, the following transactions occurred. 197,000 556,000 Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 July 1 31 Dec. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $39. Declared a 10% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $14 per share. Issued the shares for the stock dividend. Declared a $0.40 per share dividend to stockholders of record on December 15, payable January 5, 2023. 31 Determined that net income for the year was $354,000. Your answer is partially correct. Prepare a stockholders' equity section at December 31. (Enter account name only and do not provide descriptive information. SHERIDAN CORPORATION Balance Sheet (Partial) For the Year Ended December 31.2022 Stockholders' Equity F Capital Stock Paid-in Capital Common Stock Paid-in Capital 1,464,100 Paid-in Capital in Excess of Par-Common Stock 233,330 Total Paid-in Capital 1,697,400 Retained Earnings Total Stockholders' Equity 626,860 2,324,260