Stockholders' Equity: Transactions and Balance Sheet Presentation The following is the stockholders' equity of Laker Corporation at January 1: Required stockholders' equity accounts. - Prepare the stockholders' equity section of the balance sheet at December 31 . \begin{tabular}{|l|c|l|l|} \hline \multicolumn{4}{|c|}{ Bonds Payable } \\ \hline Jan.31 & 20,000 & 0 & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Discount on Bonds Payable } \\ \hline Jan.31 & 0 & 1,500 \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|l|c|c|} \hline \multicolumn{3}{|c|}{ Common Stock } \\ \hline Beg. bal & & 500,000 \\ \hline Jan.20 & 0 & 80,000 \\ \hline Jan.31 & 0 & 10,000 \\ \hline May.18 & & (2 for 1 split) \\ \hline Jun.01 & 0 & 20,000 \\ \hline Bal. & 0 & 610,000 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|} \hline \multicolumn{3}{|c|}{ Paid-in-Capital in Excess of Par Value - } \\ \multicolumn{2}{|c|}{ Preferred Stock } \\ \hline Beg. bal & & 70,000 \\ \hline Jan.15 & 0 & 44,000 \\ \hline Dec. 22 & 0 & 11,400 \\ \hline Bal. & 0 & 14,600 \\ \hline \end{tabular} \begin{tabular}{|l|c|r|} \hline \multicolumn{3}{|c|}{ Paid-in-Capital in Excess of Par Value - } \\ \multicolumn{3}{|c|}{ Common Stock } \\ \hline Beg. bal & & 385,000 \\ \hline Jan.20 & 0 & 64,000 \\ \hline Jan.31 & 0 & 8,500 \\ \hline Jun.01 & 0 & 20,000 \\ \hline Bal. & 0 & 477,500 \\ \hline \end{tabular} \begin{tabular}{|lr|r|} \hline \multicolumn{3}{|c|}{ Paid-in-Capital from Treasury Stock } \\ \hline Oct.12 & 0 & 2,700 \\ \hline Dec. 28 & 2,200 & 0 \\ \hline Bal. & 0 & 500 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline \multicolumn{3}{|c|}{ Treasury Stock - Common } \\ \hline Sept.01 & 63,000 & 0 \\ \hline Oct.12 & 0 & 16,200 \\ \hline Dec.28 & 0 & 19,800 \\ \hline Bal. & 27,000 & 0 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|} \hline \multicolumn{3}{|c|}{ Retained Earnings } \\ \hline Beg. bal & & 238,000 \\ \hline Dec.31 & 0 & 135,000 \\ \hline Bal. & 0 & 373,000 \\ \hline \end{tabular} Do not use negative signs with vour answers