Stahl Company was incorporated as a new business on January 1, 2011. The company is authorized to issue 600,000 shares of $2 par value common stock and 80,000 shares of 6 percent, $20 par value, cumulative preferred stock. On January 1, 2011, the company issued 75,000 shares of common stock for $15 per share and 5,000 shares of preferred stock for $25 per share. Net income for the year ended December 31, 2011, was $500,000. Hide Prepare the stockholders' equity section of the balance sheet for Stahl Company. Stahl Company Balance Sheet (Partial) December 31, 2011 Stockholders' equity: Preferred stock, 6% cumulative 600000 Common stock, $2 par, 600,00 Additional paid-in capital: Preferred stock s 125000 Common stock 1125000 1125000 Total capital stock Retained earnings Total stockholders' equity