United Apparel has the following balances in its stockholders' equity accounts on December 31, 2024: Treasury Stock, $710,000; Common Stock, $460,000; Preferred Stock, $2,200,000; Retained Eamings, $1,500,000; and Additional Paid-in Capital, $7,400,000 : Required: Prepare the stockholders' equity section of the balance sheet for United Apparel as of December 31, 2024. (Amounts to be deducted should be indicated by a minus sign.)