Hudson Corporation corporation's equity section is listed below. was organized on January 1, 2017. Information related to the Authorized stock: 90,000 shares of $10 par value common stock 50,000 shares of 5%, $50 par value, noncumulative preferred stock 50,000 shares of common stock at an average issue price of $15 12,000 shares of preferred stock at an average issue price of S68 Issued stock: Retained earnings as of December 31, 2017: $47,000 Using this information, prepare the stockholders' equity section for the balance sheet of Hudson Corporation on December 31, 2017