Preparation of Stockholders' Equity Section Instructions Accounts, Labels and Amount Descriptions Balance Sheet Instructions Stahl Company was incorporated as a new business on January 1, 2019. The company is authorized to issue 600,000 shares of S2 par value common stock and 80,000 shares of 6%, S20 par value, cumulative preferred stock. On January 1, 2019, the company issued 75,000 shares of common stock for $15 per share and 5,000 shares of preferred stock for $25 per share. Net income for the year ended December 31, 2019, was $500,000 Required: Prepare the stockholders' equity section of the balance sheet for Stahl Company Balance Sheet Prepare the stockholders' equity section of the balance sheet for Stahl Company Balance Sheet Instructions Stahl Company Balance Sheet (Partial) (Label) (Label) (Label)