Teller Corporation’s post-closing trial balance at December 31, 2012, was as follows.

At December 31, 2012, Teller had the following number of common and preferred shares.

The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share.
Instructions
Prepare the stockholders’ equity section of Teller’s balance sheet at December 31, 2012.