E14.17 (LO 1, 4) (Equity Section) Teller SE’s post-closing trial balance at December 31, 2025, was as follows.

Teller SE Post-Closing Trial Balance December 31, 2025 Dr. Cr.

Accounts payable € 310,000 Accounts receivable € 480,000 Accumulated depreciation—buildings 185,000 Allowance for doubtful accounts 30,000 Bonds payable 700,000 Buildings 1,450,000 Cash 190,000 Dividends payable (preference shares—cash) 4,000 Inventory 560,000 Land 400,000 Prepaid expenses 40,000 Retained earnings 201,000 Share capital—ordinary (€1 par value) 200,000 Share capital—preference (€50 par value) 500,000 Share premium—ordinary 1,000,000 Share premium—treasury 160,000 Treasury shares (ordinary at cost) 170,000 Total €3,290,000 €3,290,000 At December 31, 2025, Teller had the following number of ordinary and preference shares.
Ordinary Preference Authorized 600,000 60,000 Issued 200,000 10,000 Outstanding 190,000 10,000 The dividends on preference shares are €4 cumulative. In addition, the preference shares have a preference in liquidation of €50 per share.
Instructions Prepare the equity section of Teller’s statement of financial position at December 31, 2025.