Prom Night Formal Wear has the following stockholders' equity accounts at December 31, 2024: Common Stock,...

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Prom Night Formal Wear has the following stockholders' equity accounts at December 31, 2024: Common Stock, $1 par value, 1,000,000 shares; Additional Paid-in Capital, $21 million; Retained Earnings, $16 million; and Treasury Stock, 40,000 shares, $1.25 million. Required: Prepare the stockholders' equity section of the balance sheet. (Enter your answers in dollars, not in millions. For example, 5 million should be entered as 5,000,000. Amounts to be deducted should be indicated with a minus sign.) PROM NIGHT FORMAL WEAR Balance Sheet (Stockholders' Equity Section) Stockholders' equity: December 31, 2024 Total paid-in capital Total stockholders' equity Prom Night Formal Wear has the following stockholders' equity accounts at December 31, 2024: Common Stock, $1 par value, 1,000,000 shares; Additional Paid-in Capital, $21 million; Retained Earnings, $16 million; and Treasury Stock, 40,000 shares, $1.25 million. Required: Prepare the stockholders' equity section of the balance sheet. (Enter your answers in dollars, not in millions. For example, 5 million should be entered as 5,000,000. Amounts to be deducted should be indicated with a minus sign.) PROM NIGHT FORMAL WEAR Balance Sheet (Stockholders' Equity Section) Stockholders' equity: December 31, 2024 Total paid-in capital Total stockholders' equity