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Tamarisk Corporation's post-closing trial balance at December 31, 2017, is shown as follows. At December 31, 2017, Tamarisk had the following number of common and
Tamarisk Corporation's post-closing trial balance at December 31, 2017, is shown as follows. At December 31, 2017, Tamarisk had the following number of common and preferred shares. The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Prepare the stockholders' equity section of Tamarisk's balance sheet at December 31, 2017. (Enter account name only and do not provide descriptive information.)
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