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PLEASE HELP ASAP Prepare the stockholders' equity section of Sheridan's balance sheet at December 31, 2025. (Enter occount name only and do not provide descriptive

PLEASE HELP ASAP
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Prepare the stockholders' equity section of Sheridan's balance sheet at December 31, 2025. (Enter occount name only and do not provide descriptive information.) uestion 1 of 1 10/20 Additional Paid-in Capital Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Total Additional Paid-in Capital Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earning: Total Stockholders' Equity Assistance Used eTextbook and Media eTextbook 1 eTextbook 2 eTextbook 3 On December 31,2024, Sheridan Company had 1,310,000 shares of $5 par common stock issued and outstanding. At December 31 , 2024, stockholders' equity had the amounts listed here. Transactions during 2025 and other information related to stockholders' equity accounts were as follows. 1. On January 10 , issued at $109 per share 114,000 shares of $100 par value, 9% cumulative preferred stock. 2. On February 8 , reacquired 16,900 shares of its common stock for $11 per share: 3. On May 9, declared the yearly cash dividend on preferred stock, payable June 10 , to stockholders of record on May 31. 4. On June 8,declared a cash dividend of $1.20 per share on the common stock outstanding, payable on July 10 to stockholders of record on July 1. 5. Net income for 2025 was $3,687,000

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