Total stockholders' equity			12/31/14		1,288,000
Common stock PV $2, authorized 400,000; issued 180,000 at an average issue price of 4.75
Balance is retained earnings.
During 2015
Company issued 5,000 shares for 40,000
Company has net income of 77.000 and declared dividends of 40,000
Prepare the stockholders' equity section of the balance sheet as it would be presented in a classified balance sheet.