Preparing the Stockholders' Equity Section Prepare the stockholders' equity section of a classified balance sheet given the following account balances on December 31, 2020. Preferred stock, par $15, authorized 16,000 shares $204,000 Cash received above par of preferred stock 20.000 Common stock, no par, 48,000 shares issued (80,000 shares authorized) 160,000 Retained earnings 120,000 0 Stockholders' Equity Section As of December 31, 2020 Preferred stock, $15 par, 16,000 authorized shares, $ 0 issued shares Common stock, no-par, 80,000 authorized shares, 0 Issued shares Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 0 0 0 0 Check