The following stockholders’ equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2020.

Common Stock ($5 stated value) .............................................................. $1,500,000
Paid-in Capital in Excess of Par—Preferred Stock .................................... 280,000
Paid-in Capital in Excess of Stated Value—Common Stock ................ 900,000
Preferred Stock (8%, $100 par) ....................................................................... 500,000
Retained Earnings ............................................................................................. 1,234,000
Treasury Stock (10,000 common shares) ................................................... 120,000

Instructions

Prepare the stockholders’ equity section of the balance sheet at December 31, 2020.