Patterson Manufacturing Co. has the following selected account balances at September 30, 2016.

Requirements
Prepare the stockholder's equity section of the company's balance sheet?

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Common Stock, no par with $9 stated value, 90,000 shares authorized, issued, and outstanding. Accumulated Depreciation, Machinery and Equipment. Retained Earnings. $146,000 85,000 Inventory.. Machinery and Equipment. Preferred Stock, 3%, $12 par, 20,000 shares authorized, 4,000 shares issued and $810,000 51,000 48,000 outstanding. Paid-in Capital in Excess of Stated Value-Common.. Cost of Goods Sold. 130,000 95,000 81,000