Skeet Corporation has the following selected account balances at June 30, 2017. Prepare the shareholders' equity section of the company's balance sheet.

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Common Shares, $0,00 500,000 shares authorized, 100,000 shares issued. Inventory Machinery and Equipment. 82,500 Preferred Shares, $1.25, S0N $100,000 Accumulated Amortization- 100,000 shares auth Machinery and Equipment32,500 10,000 shares issued. 87,500 Retained Earnings.. Cost of Goods Sold.... 97,000 Organization Costs, net.2,500 42,500