Sunland Corporation's charter authorized 2 million $11 par value common shares, and 400,000 8\% cumulative and non-participating preferred shares, with a par value of $100 per share. The corporation made the following share transactions through December 31 , 2023: 290,000 common shares were issued for $3.77 million and 10,000 preferred shares were issued for machinery valued at $1,304,000. Subscriptions for 11,200 common shares have been taken, and 25% of the subscription price of $16 per share has been collected. The shares will be issued when the subscription price is collected in full. In addition, 9,000 common shares have been repurchased for $15 and retired. The Retained Earnings balance is $220,000 before considering the transactions above. (a) Prepare the shareholders' equity section of the SFP in good form. Question 4 of 6 uted Surplus d-in Capital d Earnings d-in Capital and Retained Earnings 4.85/12i 892800 $ eTextbook and Media List of Accounts Attempts: 3 of 5 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above