Stockholders equity se tion of a blaance sheet

When Resisto systems, inc was formed the company wa sauthorized to issue 5,000 shares of $100 par valuse, 8 percent cumlative preferred stock and 100,000 shares of $2 stated value common stock.

Half of the preferred stock was issued at a price of $103 per share , and 70,000 shares of the common stock were sold for $13 per share. At the end of teh curretn year, Resisto has retained earnings of $475,000.

a. prepare the stockholders equity section of the companys balance sheet at the end of the current year

b. assume resisto sytems common stock is trading at $24 per share and its preferred stock is trading at $107 per share at the end of the current eyar. Would the stockholders' equity section prepared in part a be affected by this addtional information.