Share premier account (1 marks) (d) Amanda Corporation has issued 500,000 shares of K2 par value ordinary shares. It authorized 600,000 shares. The paid-in capital in excess of par on the common stock is K370, 000. The corporation has reacquired 20,000 shares at a cost of K50, 000 and is currently holding those shares. Treasury stock was reissued in prior years for K82, 000 more than its cost. The corporation also has 5,000 shares issued and outstanding of 8%, K90 par value preferred stock. It authorized 10,000 shares. The paid-in capital in excess of par on the preferred stock is K35, 000. Retained earnings is K710, 000. Required Prepare the stockholders' equity section of the balance sheet. (8marks) (Total 25marks) Share premier account (1 marks) (d) Amanda Corporation has issued 500,000 shares of K2 par value ordinary shares. It authorized 600,000 shares. The paid-in capital in excess of par on the common stock is K370, 000. The corporation has reacquired 20,000 shares at a cost of K50, 000 and is currently holding those shares. Treasury stock was reissued in prior years for K82, 000 more than its cost. The corporation also has 5,000 shares issued and outstanding of 8%, K90 par value preferred stock. It authorized 10,000 shares. The paid-in capital in excess of par on the preferred stock is K35, 000. Retained earnings is K710, 000. Required Prepare the stockholders' equity section of the balance sheet. (8marks) (Total 25marks)