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 $103 per share, and 70,000 shares of the common stock were sold for $13 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. (Omit the "$" sign in your response.)


Stockholders' Equity




(Click to select)Retained earningsCashCapital stockCumulative preferred stockTreasury stock

$


(Click to select)Common stockCashRetained earningsCapital stockTreasury stock




Additional paid-in capital:




(Click to select)Retained earningsCapital stockTreasury stockCashPreferred stock




(Click to select)Capital stockRetained earningsCommon stockTreasury stockCash







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Total paid-in capital

$


(Click to select)DividendsTreasury stockRetained earningsCapital stockCumulative preferred stock







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Total stockholders' equity

$





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