When Resisto Systems, Inc., was formed, the company was authorized to Issue $5,000$ shares of $$100$ par value, $8$

percent cumulative preferred stock, and $100,000$ shares of $$2$ stated value common stock.

Half of the preferred stock was issued at a price of $$102$ per share, and $65,000$ shares of the common stock were

sold for $$24$ per share. At the end of the current year, Resisto has retained earnings of $$382,000.$

a$.$ Prepare the stockholders' equity section of the company's balance sheet at the end of the current year.