Stockholders' Equity Section of Balance Sheet The following Stockholders' Equity section of the balance sheet prepared as of the end of the current year: Paid-in capital: Stockholders' Equity Preferred 2% stock, $60 par (94,000 shares authorized and issued) Excess of issue price over par Retained earnings Treasury stock (56,000 shares at cost) Dividends payable Total paid-in capital Common stock, $10 par (750,000 shares authorized, 619,000 shares issued) $5,640,000 375,000 $6,015,000 72,525,000 868,000 323,000 $79,731,000 6,623,000 Organizing costs Total stockholders' equity 225,000 $86,579,000 Prepare a corrected Stockholders' Equity section. Use the minus sign to indicate any values that are deducted on the statement. Paid-In Capital: Stockholders' Equity Preferred 2% stock, $60 par (94,000 shares authorized and issued) Excess Over Par Paid-in Capital, Preferred Stock Common stock, $10 par (750,000 shares authorized, 619,000 shares issued) Excess Over Par 5,640,000 375,000 6,015,000 6,623,000 X Paid-in Capital, Preferred Stock Common stock, $10 par (750,000 shares authorized, 619,000 shares issued) Excess Over Par Paid-in Capital, Common Stock Total paid-in capital Retained Earnings Treasury stock (56,000 shares at cost) Total stockholders' equity Feedback Check My Work 6,015,000 6,623,000 X 86,579,000