Transcribed image text: Question 5 of 10 1.6/2 BRAMBLE CORP Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 12,500 shares authorized, 7,500 shares issued and outstanding Common stock, no par. 735,000 shares authorized, 565,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (6,900 common shares) Total stockholders' equity $787,500 2,260,000 3,047,500 1.158,000 4,205,500 36,800 $4,168,700 (e) if dividends of $73,800 were in arrears on preferred stock, what would be the balance reported for retained earnings? The Retained Earnings balance $ 1201000 Textbook and Media Assistance Used