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 57,000 shares of the common stock were sold for $17 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 baiance sheet at the end of the current year