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Exercise 11-14 The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Sheffield Corp. at December 31, 2022. Common Stock ($4 stated value)

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Exercise 11-14 The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Sheffield Corp. at December 31, 2022. Common Stock ($4 stated value) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (5%, $100 par, noncumulative) Retained Earnings Treasury Stock (18,600 common shares) $2,480,000 69,750 1,627,500 930,000 2,067,700 111,600 Prepare the stockholders' equity section of the balance sheet at December 31, 2022. (Enter account name only and do not provide descriptive information.) SHEFFIELD CORP. Partial Balance Sheet Click if you would like to show Work for this question: Open Show Work

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