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

1. Prepare a corrected Stockholders' Equity section.

   Stockholders' Equity
   Paid-In Capital:
   Preferred 2% stock, $80 par (125,000 shares authorized and issued)	10000000
   Excess of Issue Price Over Par	500000
   Paid-in Capital, Preferred Stock		10500000
   Common stock, $20 par (1,000,000 shares authorized, 825,000 shares issued)	16500000
   Excess of Issue Price Over Par	1155000
   Paid-in Capital, Common Stock		17655000
   Total paid in capital		28155000
   Retained Earnings		fill in the blank 15
   Total		$fill in the blank 16
   Treasury stock (75,000 shares at cost)		fill in the blank 18
   Total stockholders' equity		$fill in the blank 19