United Apparel has the following balances in its stockholders' equity accounts on December 31, 2021: Treasury Stock, $770,000; Common Stock, $520,000. Preferred Stock, $2,800,000: Retained Earnings, $1,800,000; and Additional Paid-in Capital, $8,000,000. Required: Prepare the stockholders' equity section of the balance sheet for United Apparel as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) UNITED APPAREL Balance Sheet (Stockholders' Equity Section). December 31, 2021 Stockholders' Equity: Total Paid-in Capital Total Stockholders' Equity $