The stockholders' equity section of Whispering Winds Corp's balance sheet at December 31 is presented here. WHISPERING WINDS CORP. Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 11.200 shares authorized, 6.700 shares issued and outstanding $683,400 Common stock, no par. 739,000 shares authorized, 569,000 shares issued 1,707,000 Total paid-in capital 2,390,400 Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (6,100 common shares) Total stockholders' equity 1,155,000 3,545,400 32,500 $3.512.900