Novak Corporation has issued $105,000$ shares of $$5$ par value common stock. It was authorized $499,000$ shares. The paid$-$in capital in excess of par value on the common stock is $$262,500.$ The corporation has reacquired $6,400$ shares at a cost of $$48,000$ and is currently holding those shares. It also had accumulated other comprehensive income of $$69,500.$

The corporation also has $1,400$ shares issued and outstanding of $9\%,$$$100$ par value preferred stock. It was authorized $10,400$ shares. The paid$-$in capital in excess of par value on the preferred stock is $$16,100.$ Retained earnings is $$378,000.$

Prepare the stockholders' equity section of the balance sheet. $($Enter account name only and do not provide descriptive information.$)$

NOVAK CORPORATION Balance Sheet $($Partial$)$

Common Stock

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