Bramble Corporation$$s post$-$closing trial balance at December $31,2025,$ is as follows.

BRAMBLE CORPORATION

Post$-$Closing Trial Balance

December $31,2025$

Dr$.$ Cr$.$

Accounts payable $$319,400$

Accounts receivable $$469,000$

Accumulated depreciation$$buildings $181,000$

Additional paid$-$in capital in excess

of par$$common $1,198,000$

From treasury stock $167,000$

Allowance for doubtful accounts $28,000$

Bonds payable $277,000$

Buildings $1,328,000$

Inventory $547,000$

Land $387,000$

Preferred stock $($$$50$ par$)500,000$

Prepaid expenses $37,000$

Retained earnings $297,000$

Treasury stock $($common at cost$)179,000$

Totals $$3,155,000$ $$3,155,000$

At December $31,2025,$ Bramble had the following number of common and preferred shares.

Common Preferred

Authorized $552,00060,000$

Issued $184,00010,000$

Outstanding $172,00010,000$

The dividends on preferred stock are $$4$ cumulative. In addition, the preferred stock has a preference in liquidation of $$50$ per share.

Prepare the stockholders$$ equity section of Bramble$$s balance sheet at December $31,2025.($Enter account name only and do not provide descriptive information.$)$

Answer rating: 100% (QA)

Stockholders Equity Section of Brambles Balance Sheet December 31 20... View the full answer