United Apparel has the following balances in its stockholders equity
United Apparel has the following balances in its stockholders’ equity accounts on December 31, 2015: Treasury Stock, $850,000; Common Stock, $600,000; Preferred Stock, $3,600,000; Retained Earnings, $2,200,000; and Additional Paid-in Capital, $8,800,000.

Required:
Prepare the stockholders’ equity section of the balance sheet for United Apparel as of December 31, 2015.

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