Wildhorse Corporation's charter authorized 1 million $10 par value common shares, and 400,000 4% cumulative and non- participating preferred shares, with a par value of $100 per share. The corporation made the following share transactions through December 31, 2023: 270,000 common shares were issued for $3.24 million and 12,000 preferred shares were issued for machinery valued at $1,658,000. Subscriptions for 11,700 common shares have been taken, and 35% of the subscription price of $15 per share has been collected. The shares will be issued when the subscription price is collected in full. In addition, 9,000 common shares have been repurchased for $14 and retired. The Retained Earnings balance is $170,000 before considering the transactions above. (a) Your answer is partially correct. Prepare the shareholders' equity section of the SFP in good form. WILDHORSE CORPORATION Partial Statement of Financial Position December 31, 2023