United Apparel has the following balances in its stockholders' equity accounts on December 31, 2024: Treasury Stock, $700,000; Common Stock, \$450,000: Preferred Stock, \$2,100,000; Retained Earnings, \$1,450,000; and Additional Paid-in Capital, \$7,300,000. Required: Prepare the stockholders' equity section of the balance sheet for United Apparel as of December 31, 2024. (Amounts to be deducte should be indicated by a minus sign.)