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05 #7 STOCKHOLDERS' EQUITY SECTION OF THE BALANCE SHE 10 points Carson Corporation has the following capital stock outstanding at December 31, 2020: 9% Preferred stook, $100 par value, cumulative 12,000 shares issued and outstanding 1,200,000 Common stock, no par, $10 stated value, 400,000 shares authorized, 300,000 shares issued and outstanding 3,000,000 The preferred stock was issued at 110 per share The common stock was issued at 16 per share. Instructions Prepare the paid-in capital section of the balance sheet at December 31, 2020. $ 06 07 08 03 10 011 212 213 214 215 216 217 216 219 220 221 222 223 224 225 226 227 $ 225 223 230 231 232 233 234 235 236 237 238 238 240 281 242 Carson Corporation Balance Sheet (partial) As of December 31, 2020 Stockholders' equity 244 245 246 247