The following accounts and their balances appear in the ledger of Charleston Corp on Dec 31, the end of the current fiscal year. common stock, $25 par- $2,500,000 paid in capital in excess of par- common stock- 500,000 paid in capital in excess of par- preferred stock-375,000 paid in capital in excess of par- treasury stock-4,000 preferred $10 stock, $100 par- 750,000 retained earnings-1,000,000 treasury stock-common-50,000 Prepare the stockholders equity section of the balance sheet as of Dec 31, the end of the current year. 10,000 shares of preferred and 150,000 shares of common stock are authorized. 1,000 shares of common stock are held as treasury stock