The stockholders’ equity accounts of swifty corporation on january 1, 2022, were as follows. preferred stock (7%, $100 par noncumulative, 11,000 shares authorized) $660,000 common stock ($4 stated value, 660,000 shares authorized) 2,200,000 paid-in capital in excess of par value—preferred stock 33,000 paid-in capital in excess of stated value—common stock 1,056,000 retained earnings 1,513,600 treasury stock (11,000 common shares) 88,000