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Question 5 of 7 < > Current Attempt in Progress The stockholders' equity section of Blue Spruce Corp's balance sheet at December 31 is presented here. Blue Spruce Corp. Balance Sheet(Partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 20,000 shares authorized, 12.000 shares issued and outstanding $960,000 Common stock, no par, 860,000 shares authorized, 560,000 shares issued 2,800,000 Total paid-in capital 3,760,000 1,858,000 Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (6,000 common shares) Total stockholders' equity From a review of the stockholders' equity section, answer the following questions. 5,618,000 38,400 $5,579,600 - / 2.5 EE