Adams Company€™s records provide the following information on December 31, 2016

Additional information:
1. Common stock has a $5 par value, 50,000 shares arc authorized, 15,000 shares have been issued and arc outstanding.
2. Preferred stock has a $100 par value, 3,000 shares arc authorized, 800 shares have been issued and are outstanding. Two hundred shares have been subscribed at $120 per share. The stock pays an 8% dividend, is cumulative, and is callable at $130 per share.
3. Bonds payable mature on January 1, 2020. They carry' a 12% annual interest rate, payable semiannually.
Required:
Prepare the Contributed Capital section of the December 31, 2016, balance sheet for Adams. Include appropriate parenthetical notes.

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Account Title Amount Additional Paid-in Capital on Preferred Stock 17,000 Common Stock Premium on Bonds Payable Preferred Stock Bonds Payable Preferred Stock Subscribed Retained Earnings Additional Paid-in Capital on Common Stock 84,000 75,000 4,000 80,000 100,000 20,000 121,000