Exercise 11.3 (Algo) Stockholders' Equity Section of a Balance Sheet (LO11-4, LO11-5) When Resisto Systems, Inc., was formed the company was authorized to issue 5,000 shares of $100 par value, 8 percent cumulative preferred stock, and 100,000 shares of $2 stated value common stock. Half of the preferred stock was issued at a price of $101 per share, and 58,000 shares of the common stock were sold for $21 per share. At the end of the current year, Resisto has retained earnings of $382,000. a. Prepare the stockholders' equity section of the company's balance sheet at the end of the current year. Balance Sheet (Partial) Stockholders' Equity Additional paid-lo capital: Total pald-in capital $ 0 Total stockholders' equity $ 0