Prepare the Stockholders' Equity Section Renee Corporation has the following stockholders' equity information: $5 Par Common $10 Par Preferred Additional paid-in capital $2,250,000 $50,000 Shares: Authorized 750,000 40,000 Issued 300,000 8,000 Outstanding 250,000 8,000 Retained earnings is $1,663,000, and the cost of treasury shares is $1,290,000. Required: Prepare the stockholders' equity portion of Renee's balance sheet.