The ledger of Marigold Corp. at December 31, 2022, after the books have been closed, contains the following stockholders' equity accounts. Preferred Stock (10,700 shares issued) $1,080,700 Common Stock (297,000 shares issued) 1,782,000 Paid-in Capital in Excess of Par Value-Preferred Stock 140,000 Paid-in Capital in Excess of Stated Value-Common Stock 1.570,000 Retained Earnings 2,765.000 A review of the accounting records reveals this information: 1 Preferred stock is 8%, $101 par value, noncumulative. Since January 1, 2021, 10,700 shares have been outstanding; 21,400 shares are authorized 2 Common stock is no-par with a stated value of $6 per share; 594,000 shares are authorized. 3 The January 1, 2022, balance in Retained Earnings was $2,277,000. 4 On October 1, 64,000 shares of common stock were sold for cash at . $9 per share. 5 A cash dividend of $397,000 was declared and properly allocated to preferred and common stock on November 1. No dividends were paid to preferred stockholders in 2021. 6 Net income for the year was $885,000. 7 On December 31, 2022, the directors authorized disclosure of a . $157,000 restriction of retained earnings for plant expansion. (Use Note A.) Prepare the stockholders' equity section of the balance sheet at December 31