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P13.5 (LO 3), AP Financial Statement The following stockholders' equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2022. Common

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P13.5 (LO 3), AP Financial Statement The following stockholders' equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2022. Common Stock ($5 stated value) $2,000,000 Paid-in Capital from Treasury Stock 10,000 Paid-in Capital in Excess of Par-Preferred Stock 679,000 Paid-in Capital in Excels of Stated Value-Common Stock 1,600,000 Preferred Stock (8%, $50 par) 800,000 Retained Earnings 1,748,000 Treasury Stock (10,000 common shares) 130,000 Instructions Prepare a stockholders' equity section at December 31, 2022. Total stockholders' equity $6,707,000 Prepare entries for stock transactions and prepare stockholders' equity section. Dar2

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