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United Apparel has the following balances in its stockholders' equity accounts on December 31, 2021: Treasury Stock, $710,000, Common Stock. $460,000: Preferred Stock, $2,200,000, Retained

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United Apparel has the following balances in its stockholders' equity accounts on December 31, 2021: Treasury Stock, $710,000, Common Stock. $460,000: Preferred Stock, $2,200,000, Retained Earnings. $1,500,000, and Additional Pald-in Capital, $7,400,000 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 slgn.) UNITED APPAREL Balance Sheet (Stockholders' Equity Section) December 31, 2021 Stockholders' Equity Total Paid in Capital Total Stockholders' Equity 5

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