Note: For each account category, indicate the appropriate account name. Enter "N/A" for any account category that is not used for a given transaction. Note: Indicate a decrease in an account category by including a negative sign with the amount. Balance Sheet Liabilities Income Stat E Transaction Noncash Assets Contrib. Capital Cash Asset Revenues Earned Capital Jan. 10 Common Stock Jan. 23 . . Mar. 14 Treasury Stock July 15 Preferred Stock Nov. 15 Treasury Stock b. Prepare the stockholders' equity section of the balance sheet assuming the company reports net income of $181,500 for the current year. Note: Do not use a negative sign with any of your answers. XPRESS MEDIA COMPANY Stockholders' Equity Paid-in capital 8% preferred stock, $25 par value. 50,000 shares authorized: shares issued and outstanding $ Common stock 510 par value, 200,000 shares authorized: shares issued, (4,500 shares in treasury) $ Additional paid-in capital Paid-in capital in excess of par value-preferred stock Paid-in capital in excess of par value-common stock Paid-in capital from treasury stock Total paid-in capital Retained earnings 4.500 common shares) at cost Less: Treasury stock (r. Total stockholders' equity $ Note: For each account category, indicate the appropriate account name. Enter "N/A" for any account category that is not used for a given transaction. Note: Indicate a decrease in an account category by including a negative sign with the amount. Balance Sheet Liabilities Income Stat E Transaction Noncash Assets Contrib. Capital Cash Asset Revenues Earned Capital Jan. 10 Common Stock Jan. 23 . . Mar. 14 Treasury Stock July 15 Preferred Stock Nov. 15 Treasury Stock b. Prepare the stockholders' equity section of the balance sheet assuming the company reports net income of $181,500 for the current year. Note: Do not use a negative sign with any of your answers. XPRESS MEDIA COMPANY Stockholders' Equity Paid-in capital 8% preferred stock, $25 par value. 50,000 shares authorized: shares issued and outstanding $ Common stock 510 par value, 200,000 shares authorized: shares issued, (4,500 shares in treasury) $ Additional paid-in capital Paid-in capital in excess of par value-preferred stock Paid-in capital in excess of par value-common stock Paid-in capital from treasury stock Total paid-in capital Retained earnings 4.500 common shares) at cost Less: Treasury stock (r. Total stockholders' equity $