When Resistol systems Inc. was formed the company was authorized to issue 5000 shares of $100 per value 8% cumulate preferred stock and 100,000 shares of two dollar stated value stock half of the preferred stock was issued at a price of $103 per share and 58,000 shares of the comments that were sold for $12 per share at the end of the current year Resistol have retained earnings of $382,000 prepare the stockholders equity section of the companies balance sheet at the end of the current year