ube A Maps Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate com When Resisto Systems, Inc. was formed, the company was authorized to issue 5,000 shares of $100 par value, 8 percent cumulative preferred stock, and 100,000 shares of $2 stated value common stock. Half of the preferred stock was issued at a price of $101 per share, and 77,000 shares of the common stock were sold for $15 per share. At the end of the current year, Resisto has retained earnings of $382,000. a. Prepare the stockholders' equity section of the company's balance sheet at the end of the current year. Answer is not complete. Stockholders' Equity Cumulative preferred stock $ 250,000 Common stock 154,000 Additional paid-in capital: Cumulative preferred stock 15,615,000 Total paid-in capital $ 16.019,000 382,000 Retained earnings Total stockholders' equity 5 16.401,000 Prey 3 of 4 ! Next >