Question 16 of 20 - 75 lii View Policies Current Attempt in Progress Windsor Company reported the following balances at December 31, 2019: common stock $585,000; paid-in capital in excess of par value $125,000; retained earnings $300,000. During 2020, the following transactions affected stockholders' equity. 1. Issued preferred stock with a par value of $156,000 for $208,000. 2. Purchased treasury stock (common) for $46,000. 3. Earned net income of $165,000. 4. Declared and paid cash dividends of $79,000. Prepare the stockholders' equity section of Windsor Company's December 31, 2020, balance sheet. WINDSOR COMPANY Balance Sheet (Partial)