United Apparel has the following balances in its stockholders' equity accounts on December 31, 2018: Treasury Stock, $720,000; Common Stock, $470,000; Preferred Stock, $2,300,000; Retained Earnings, $1,550,000; and Additional Paid-in Capital, $7,500,000 Required: Prepare the stockholders' equity section of the balance sheet for United Apparel as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) UNITED APPAREL Balance Sheet (Stockholders' Equity Section) December 31, 2018 Stockholders' equity: 5 Total paid-in capital Total stockholders' equity