Stockholders' Equity Category Peeler Company was incorporated as a new business on January 1, 2017. The corporate charter approved on that date authorized the issuance of 1,000 shares of $100 par, 7% cumulative, nonparticipating preferred stock and 13,000 shares of $5 par common stock. On January 10, Peeler issued for cash 520 shares of preferred stock at $117 per share and 3,900 shares of common stock at $85 per share. On January 20 , it issued 1,000 shares of common stock to acquire a building site at a time when the stock was selling for $72 per share. During 2017, Peeler established an employee benefit plan and acquired 500 shares of common stock at $58 per share as treasury stock for that purpose. Later in 2017, it resold 150 shares of the stock at $68 per share. On December 31, 2017, Peeler determined its net income for the year to be $40,100. The firm declared the annual cash dividend to preferred stockholders and a cash dividend of $5 per share to the common stockholders. The dividends will be paid in 2018 . Required: 1. Develop the Stockholders' Equity category of Peeler's balance sheet as of December 31,2017 . For those boxes in which you must enter subtracted or negative numbers use a minus sign