When Resisto Systems, Incorporated, 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 $$105$ per share, and $79,000$ shares of the common stock were sold for $$12$ per share. At the end of the current year, Resisto has retained earnings of $$382,000.$

Required:

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