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The following stockholders equity accounts, arranged alphabetically, are in the ledger of Sheffield Corp. at December 31, 2022. Common Stock ($4 stated value) $2,480,000 Paid-in

The following stockholders equity accounts, arranged alphabetically, are in the ledger of Sheffield Corp. at December 31, 2022.

Common Stock ($4 stated value) $2,480,000
Paid-in Capital in Excess of Par ValuePreferred Stock 69,750
Paid-in Capital in Excess of Stated ValueCommon Stock 1,627,500
Preferred Stock (5%, $100 par, noncumulative) 930,000
Retained Earnings 2,067,700
Treasury Stock (18,600 common shares) 111,600

Prepare the stockholders equity section of the balance sheet at December 31, 2022

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