Minor Company is authorized to sell 1,200,000 shares of $10 par value common stock and 60,000 shares of $100 par value 6 percent preferred stock. As of the end of the current year, the company has actually sold 550,000 shares of common stock at $12 per share and 40,000 shares of preferred stock at $110 per share. In addition, of the 550,000 shares of common stock that have been sold, 25,000 shares hsve been repurchased at $23 per share and are currently being held in treasury to be used to meet the future requirements of s stock option plan that the company intends to implement.

prepare the stockholders equity section of minors balance sheet to reflect the transactions you have recorded.

Lupee uus qui Required A Required B Prepare the stockholders' equity section of Minor's balance sheet Stockholders' Equity Total paid-in capital Total stockholders' equity Required A