Martinez Corporations charter authorized 2 million shares of $13 par value common shares, and 400,000 shares of 9% cumulative and non-participating preferred shares, with a par value of $100 per share. The corporation made the following share transactions through December 31, 2020: 310,000 common shares were issued for $4.65 million and 9,000 preferred shares were issued for machinery valued at $1,454,000. Subscriptions for 11,200 common shares have been taken, and 25% of the subscription price of $19 per share has been collected. The shares will be issued upon collection of the subscription price in full. In addition, 10,000 common shares have been repurchased for $18 and retired. The Retained Earnings balance is $230,000 before considering the transactions above.

Prepare the shareholders equity section of the SFP in good form.

Prepare the shareholders equity section of the statement of financial position in good form. Assume that the common shares and preferred shares are no par.please fix

WILDHORSE CORPORATION Partial Statement of Financial Position December 31,2023 1olders' Equity Capital 3rred Shares $900000 mon Shares $3900000 non Shares Subscribed 145600 ommon Shares issued and to be issued ihare Capital ributed Surplus 'aid-in Capital \begin{tabular}{r|} \hline 145600 \\ \hline 1091200 \\ \hline \end{tabular} ned Earnings 'aid-in Capital and Retained Earnings \begin{tabular}{r|} \hline 230000 \\ \hline 6366800 \end{tabular} Share Subscriptions Receivable \begin{tabular}{l|l|} \hline & (159600) \\ \hline$6207200 \\ \hline \end{tabular}