make a stockholder's equity section of the balance sheetby using the following information:

Studley Inc. was organized and authorized to issue 10,000 shares of $100 par value, 5% percent preferred stock, and 150,000 shares of $1 par value common stock on September 1st, 2019

a.Issued 2,000 shares of preferred stock

b.APIC - preferred 15,000

c.Issued 58,000 shares of common stock

d.APIC - Common 154,000

e.APIC - Treasury 15,750

e.Had 3,000 shares of treasury stock at a cost of 39,000

f.Retained earnings had a balance of 16,500