Stockholders Equity
Paid-in capital:
Preferred 2% stock, $60 par (94,000 shares authorized and issued)	$5,640,000
Excess of issue price over par	375,000	$6,015,000
Retained earnings		72,525,000
Treasury stock (56,000 shares at cost)		868,000
Dividends payable		323,000
Total paid-in capital		$79,731,000
Common stock, $10 par (750,000 shares authorized, 619,000 shares issued)		6,623,000
Organizing costs		225,000
Total stockholders' equity		$86,579,000

Prepare a corrected Stockholders' Equity section. Use the minus sign to indicate any values that are deducted on the statement.