Stockholders Equity Paid-in capital: 2 Preferred 2% stock, $80 par (125,000 shares authorized and isue) Excess of issue price over par 10,000,000.00 500,000.00 10,500,00000 96,700,000.00 1,755,000.00 430,000.00 109,385,000.00 Paid-in capital, preferred stock Retained earnings Treasury stock(5,000 shares at cost) Dividends payable Total paild-in capital o Common stock $20 pa 17,655,00000 300,000.00 127,340,000.00 (1,000,000 shares authorized, 825,000 shares issued) Organizing costs Total stockholders' equity ss Stockholders' Equity Paid-in capital: Instructions The tollowing Stockholders' Equity section of the balance sheet prepared as of the end of the current year contains errors Prepare a corrected Stockholders' Equity section using Method 1 of Exhibit 9 Refer to the lists of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted negative numbers use a minus sign