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Question 4 of 14 - / 18 fr Oriole Tandy Company reported the following balances at December 31, 2021: common stock $505,000; paid-in capital in

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Question 4 of 14 - / 18 fr Oriole Tandy Company reported the following balances at December 31, 2021: common stock $505,000; paid-in capital in excess of par-common stock $205,000; retained earnings $355,000. During 2022, the following transactions affected stockholder's equity. 1. Issued preferred stock with a par value of $205,000 for $235,000. 2. Purchased treasury stock (common) for $75,000. 3. Earned net income of $244,626. 4. Declared and paid cash dividends of $91,000 ($21,000 preferred). (a) Prepare the stockholders' equity section of Oriole Tandy Company's December 31, 2022, balance sheet. ORIOLETANDY COMPANY Balance Sheet (Partial) $ $ A: $

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