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Sheffield Corporation's December 31, 2025, trial balance includes the following accounts: Investment in Starling Common Stock, $65,000; Retained Earnings, $147,000; Treasury Stock, $5,000; Trademarks,
Sheffield Corporation's December 31, 2025, trial balance includes the following accounts: Investment in Starling Common Stock, $65,000; Retained Earnings, $147,000; Treasury Stock, $5,000; Trademarks, $27,000; Preferred Stock $194,000; Common Stock, $68,000; Deferred Income Taxes, $89,000; Paid-in Capital in Excess of Par-Common Stock, $116,000 and Accumulated other comprehensive income $45,000 (net gains). Prepare the stockholders' equity section of the balance sheet. Sheffield Corporation Balance Sheet (Partial)
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