Pina Corporations post-closing trial balance at December 31, 2020, is shown as follows.

PINA CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020
		Dr.		Cr.
Accounts payable				$ 232,700
Accounts receivable		$ 451,000
Accumulated depreciationbuildings				183,000
Additional paid-in capital in excess
of parcommon				1,309,000
From treasury stock				152,000
Allowance for doubtful accounts				29,000
Bonds payable				317,000
Buildings		1,411,000
Cash		195,000
Common stock ($1 par)				200,000
Dividends payable (preferred stockcash)				4,300
Inventory		519,000
Land		375,000
Preferred stock ($50 par)				450,000
Prepaid expenses		40,000
Retained earnings				271,000
Treasury stock (common at cost)		157,000
Totals		$3,148,000		$3,148,000

At December 31, 2020, Pina had the following number of common and preferred shares.

		Common		Preferred
Authorized		600,000		54,000
Issued		200,000		9,000
Outstanding		195,000		9,000

The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Prepare the stockholders equity section of Pinas balance sheet at December 31, 2020. (Enter account name only and do not provide descriptive information.)

SHOW STEPS WITH EXPLANATION AND ANSWERS. THANK YOU!

PINA CORPORATION Stockholders' Equity $ $