Stockholders Equity Paid-in capital: Preferred 2% stock, $80 par (125,000 shares authorized and issued) Excess of issue price over par Ratained earnings Treasury stock (75,000 shares at cost) Dividends payable $10,000,000 500,000 $10,500,000 96,700,000 1,755,000 430,000 Total paid-in capital 109,385,000 Common stock, $20 par(1,000,000 shares authorned, 825,000 shares issued) Orgarizing casts Total stockholders' equity Prepare a corrected Stockholders' Equity section 17,655,000 300,000 127,340,000 Stockholders Equity Preferrnd 2% stock, san par(12500 shares uttured ad karo Excess Over Par Pid-in Captal Preferred Stock 10.000.0001 10.500,000 Common stock $20 par (.000.00 shars authored 25,000 shares ed Paid-in Captal, Commmon Stock Total pad-n cae Retained Eaning tneasury stock (75,000 h ot cost) 1755.000