View Policies Current Attempt in Progress Windsor Company reported the following balances at December 31, 2019: common stock $525,000; paid-in capital in excess of par value $135,000; retained earnings $250,000. During 2020, the following transactions affected stockholders' equity. 1. Issued preferred stock with a par value of $142,000 for $218,000. 2. Purchased treasury stock (common) for $49,000. 3. Earned net income of $140,000. 4. Declared and paid cash dividends of $78,000. Prepare the stockholders' equity section of Windsor Company's December 31, 2020, balance sheet.