Prepare the Shareholders Equity section.

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Fun ion: SUM; Cell Referenci Using Excel to Prepare the Shareholders' Equity Section of the Statement of Financial Position PROBLEM Southern Corporation's adjusted trial balance contained the following accounts at December 31, 2023. Retained earnings Common shares Bonds payable Contributed surplus Preferred shares Goodwill Accumulated other comprehensive loss 120,000 700,000 100,000 200,000 50,000 55,000 (150,000) Prepare the shareholders' equity section of the statement of financial position. Student Work Area Required: Provide input into cells shaded in yellow in this template. Use cell references to amounts and account names in the Problem and work area as indicated. Use the SUM function to add amounts. Prepare the shareholders' equity section of the statement of financial position. Shareholders' equity Total shareholders' equity