Current Attempt in Progress

The stockholders' equity section of Kingbird, Inc.$\text{'}$s balance sheet at December $31$ is presented here.

Kingbird, Inc.

Balance Sheet$($Partial$)$

Stockholders' equity

Paid$-$in capital

$\backslash$table$[[$Preferred stock, cumulative, $12,000$ shares authorized, $8,400$ shares issued and outstanding,$$672,000$