The following Stockholders' Equity section of the balance sheet prepared as of the end of the current year contains errors.

Stockholders Equity
Paid-in capital:
Preferred 2% stock, $80 par (125,000 shares authorized and issued)	$10,000,000
Excess of issue price over par	500,000
Paid-in capital, preferred stock		$10,500,000
Retained earnings		96,700,000
Treasury stock (75,000 shares at cost)		1,755,000
Dividends payable		430,000
Total paid-in capital		$109,385,000
Common stock, $20 par (1,000,000 shares authorized, 825,000 shares issued)		17,655,000
Organizing costs		300,000
Total stockholders' equity		$127,340,000

Prepare a corrected Stockholders' Equity section.

Stockholders' Equity

Paid-In Capital:
CashDividends PayablePreferred 2% stock, $80 par (125,000 shares authorized and issued)Retained EarningsTreasury stock (75,000 shares at cost)	$- Select -
CashDividends PayableExcess of Issue Price Over ParOrganizational CostsRetained Earnings	- Select -
CashDividends PayablePaid-in Capital, Preferred StockOrganizational CostsRetained Earnings		$- Select -
CashCommon stock, $20 par (1,000,000 shares authorized, 825,000 shares issued)Organizational CostsRetained EarningsTreasury stock (75,000 shares at cost)	$- Select -
CashDividends PayableExcess of Issue Price Over ParRetained EarningsTreasury stock (75,000 shares at cost)	- Select -
CashDividends PayablePaid-in Capital, Common StockOrganizational CostsRetained Earnings		- Select -
Total paid in capital		$fill in the blank 13
CashCommon stock, $20 par (1,000,000 shares authorized, 825,000 shares issued)Preferred 2% stock, $80 par (125,000 shares authorized and issued)Retained EarningsTreasury stock (75,000 shares at cost)		- Select -
Total		$fill in the blank 16
Dividends PayableCommon stock, $20 par (1,000,000 shares authorized, 825,000 shares issued)Preferred 2% stock, $80 par (125,000 shares authorized and issued)Retained EarningsTreasury stock (75,000 shares at cost)		- Select -
Total stockholders' equity		$fill in the blank 19