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The post-closing trial balance of Oriole Corporation at December 31,2022 , contains the following stockholders' equity accounts. A revicw of the accounting records reveals the

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The post-closing trial balance of Oriole Corporation at December 31,2022 , contains the following stockholders' equity accounts. A revicw of the accounting records reveals the following. 1. No errors have been made in recording 2022 transactions or in preparing the closing entry for net income. 2. Preferred stock is $50 par, 6%, and cumulative; 16,000 shares have been outstanding since January 1,2021. 3. Authorized stock is 21,000 shares of preferred, 506,000 shares of common with a $10 par value. 4. The January 1 balance in Retained Earnings was $1,200,000. 5. On July 1, 19,000 shares of common stock were issued for cash at $16 per share. 6. On September 1, the company discovered an understatement error of $88.600 in computing salaries and wages expense in 2021. The net of tax effect of $62.020 was properly debited directly to Retained Earnings. 7. A cash dividend of $253,000 was declared and properly allocated to preferred and common stock on October 1. No dividends were paid to preferred stockholders in 2021. 8. On December 31, a 1006 common stock dividend was declared out of retained earnings on common stock when the market price per share was $16. 9. Net income for the year was $599,000. 10. On December 31,2022 , the directors authorized disclosure of a $190,000 restriction of retained earnings for plant expansion. (Use Note X.) (a) Your answer is correct. Reproduce the Retained Earnings account for 2022. (List items in order presented in the problem.) Prepare a stockholders' equity section at December 31,2022. (Enter occount name only and do not provide descriptive information) I Additional Paid-in Capital Capital Stock Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Paid-in Capital Property, Plant and Equipment Stockholders' Equity Total Additional Paid-in Capital Total Assets Total Capital Stock Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Paid-in Capital Total Paid-in Capital and Retained Earnings Total Property, Plant and Equipment Total Stockholders' Equity

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