Donnie Hilfiger has the following balances in its stockholders' equity accounts on December 31, 2015: Treasury Stock, $275,000; Common Stock, $250,000; Preferred Stock, $1,300,000; Retained Earnings, $1,750,000; and Additional Paid-in Capital, $3,200,000. Prepare the stockholders' equity section of the balance sheet for Donnie Hilfiger as of December 31, 2015. (Amounts to be deducted should be indicated with a minus sign.)