The stockholders' equity section of Sheffield Corporation's balance sheet at December $31$ is presented here.

Sheffield Corporation

Balance Sheet $($partial$)$

Stockholders' equity

Paid$-$in capital

$\backslash$table$[[\backslash$table$[[$Preferred stock, cumulative, $9,500$ shares authorized, $5,700$ shares issued and outstanding$],[$Common stock, no par, $749,000$ shares authorized, $579,000$ shares issued$]],\backslash$table$[[$$$570,000$