Stockholders' Equity Section of Balance Sheet

$\backslash$table$[[$Common Stock, $$10$ par,$$380,000],[$Paid$-$In Capital in Excess of Par$-$Common Stock,$114,000],[$Paid$-$In Capital in Excess of Par$-$Preferred Stock,$76,500],[$Paid$-$In Capital from Sale of Treasury Stock$-$Common,$28,700],[$Preferred $4\%$ Stock, $$50$ par,$1,275,000],[$Retained Earnings,$2,286,500],[$Treasury Stock$-$Common,$47,300]]$

Shares authorized are Fifty thousand of preferred and $200,000$ shares of common stock. There are $4,300$ shares of common stock held as treasury stock.

Prepare the "Stockholders' Equity" section of the balance sheet as of November $30.$

Premium Imports Inc.

Stockholders' Equity Section of the Balance Sheet

November $30$

Contributed capital: