Panther Partners is an investment management company and was recently faxed the stockholders' equity statement for a company in which an investment was contemplated. The fax machine malfunctioned and certain information was not legible. The following is the smudged fax: Paid-in Paid-in Total Preferred Common Capital Capital Stock- Stock, $$)K Stock, $2 in Excess of in Excess of Retained Treasury holders' Earnings ' Balance on January1 _ $ 600,000 $ 550,000 $ $1,550,000 Issuance of common 200,000 700,000 Issuance of preferred 500,000 Purchase treasury stock \"at \"'me 275.000 Preferred cash dividends , Common cash dividends (25,000) Stock dividend 31:160,000 (90,000) Balance on December31 $ 500,000 . _ $ 960,000 $ 690,000 $ {160,000l