$\text{'}$he stockholders' equity section of Sunland Corporation's balance sheet at December $31$ is presented here

SUNLAND CORPORATION Balance Sheet $($partial$)$

Stockholders' equity

Paid$-$in capital

Preferred stock cumulative, $11,500$ shares authorized, $6,900$ shares issued and outstanding

Common stock, no par, $748,707$ shares authorized, $579,000$ shares issued

$\backslash$table$[[$$$690,000$