The following accounts appear in the ledger of Paisan Inc. after the books are closed at December 31, 2017.

Instructions Prepare the stockholders’ equity section at December 31, assuming $100,000 of retained earnings is restricted for plant expansion. (Use Note R.)

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Common Stock (no-par, $1 stated value, 400,000 shares authorized, 250,000 shares issued) Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock ($50 par value, 8%, 40,000 shares authorized, 14,000 shares issued) $ 250,000 1,200,000 700,000 920,000 64,000 Paid-in Capital in Excess of Par Value-Preferred Stock 24,000 31,000 Retained Earnings Treasury Stock (9,000 common shares) Accumulated Other Comprehensive Loss