Grouper Corporations post-closing trial balance at December 31, 2020, is shown as follows.

GROUPER CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020
		Dr.		Cr.
Accounts payable				$ 314,900
Accounts receivable		$ 512,000
Accumulated depreciationbuildings				194,000
Additional paid-in capital in excess
of parcommon				1,375,000
From treasury stock				158,000
Allowance for doubtful accounts				28,000
Bonds payable				283,000
Buildings		1,448,000
Cash		197,000
Common stock ($1 par)				205,000
Dividends payable (preferred stockcash)				4,100
Inventory		546,000
Land		412,000
Preferred stock ($50 par)				450,000
Prepaid expenses		38,000
Retained earnings				311,000
Treasury stock (common at cost)		170,000
Totals		$3,323,000		$3,323,000

At December 31, 2020, Grouper had the following number of common and preferred shares.

		Common		Preferred
Authorized		615,000		54,000
Issued		205,000		9,000
Outstanding		193,000		9,000

The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Prepare the stockholders equity section of Groupers balance sheet at December 31, 2020.