Question No. 15 Mega Corporation has been authorized to issue 40,000 shares of $100 par value, 6%, preferred stock and 600,000 shares of no-par common stock. The corporation assigned a $5 stated value to the common stock. At December 31, 2020, the ledger contained the following balances pertaining to stockholders' equity. Preferred Stock $ 150,000 Paid-in Capital in Excess of ParPreferred Stock 75,000 Common Stock 1,780,000 Paid-in Capital in Excess of Stated Value-Common Stock 2,420,000 Treasury Stock (5,000 common shares) 66,000 Paid-in Capital from Treasury Stock 11,000 Retained Earnings 900,000 Prepare the stockholders' equity section at December 31, 2020