This questions are for accounting.

Prepare the stockholders' equity section of a classified balance sheet given the following account balances on December 31, 2020 Preferred stock par 510, authorized 50,000 shares 5408,000 Cash received above par of preferred stock 40,000 Common stock, no par, 96,000 shares issued (160,000 shares authorized) 320,000 Retained earnings 240,000 408,000 Stockholders' Equity Section As of December 31, 2020 Preferred stock, $10 par, 50,000 authorized shares, $ 0 % Issued shares Common stock, no-par, 160,000 authorized shares, 96,000 issued shares Paid in capital in excess of par Retained earnings Total stockholders' equity 5 320,000 40,000 240,000 1,008,000 6. A 3-year, 8%, $16,000 note payable to bank originating on November 1, 2020, requires quarterly interest payments. Us 16,000 . 14,720 X e Alexa Corp. is preparing its balance sheet at December 31, 2020. The 7 items listed below are under consideration For each of the items described, determine the amounts to be recognized on the balance sheet and classify each amount as one of the following current assets. (b) investments (property, plant and equipment ( other assets. (el current abilities, or long-term liabilities. More than one amount may apply to an item Round amounts to the nearest dollar 1. Note payable, long term $32,000 originating on December 31, 2020. This note will be paid in installments. The first installment of $4.000 is to be paid August 1, 2021 4000 # 28,000 2. Bonds payable 5, 580,000 at December 31, 2020. Annual interest on the bond is paid on January 1, 2021 30,000 4,000 3. Bond sinking fund, 516,000; this fund is being accumulated to retire the bonds at maturity b 16.000 4. Rent paid in advance for the first quarter of 2021 on a short-term lease. $2,400. 2400 3 Accounts payable, 55,600, due to suppliers in terms ranging from 30 to 60 days 5,600 S. A 3 year, 8.516,000 note payable to bank originating on November 1, 2020, requires quarterly interest payments. 16.000 10.880