At December 31, 2010, Longfellow Clothing had $226,700 of retained earnings, all unrestricted. During 2011, Longfellow earned net income of $92,000 and declared and paid cash dividends on common stock of $21,800. During 2011, Longfellow sold a bond issue with a covenant that required Longfellow to transfer from retained earnings to restricted retained earnings an amount equal to the principal of the bond issue, $50,000. At December 31, 2011, Long-fellow has 30,000 shares of $5 par common stock issued and outstanding. Additional paid-in capital—common stock is $236,500.

Required:
Prepare the stockholders’ equity portion of Longfellow’s December 31, 2011, balance sheet.