Nash Company has the following accounts among the items on its balance sheet at December 31, 2014:

Question:

Common Stock, $10 par, 10,000 shares authorized, 9,000 issued, 8,000 outstanding Preferred Stock, $100 par, 8%, cumulative, 1,000 shares authorized, issued, and outstanding

Cash Dividend Payable.......................................................................$ 50,000
Retained Earnings................................................................................100,000
Additional Paid-In Capital................................................................. ..200,000

Investment in Common Stock of Horton Company...........................60,000
Treasury Stock, 1,000 shares, common stock.....................................20,000
Accumulated Other Comprehensive Income—Unrealized
Gain on Investment Security...............................................................5,000

Required
Develop the Stockholders’ Equity section of the balance sheet for Nash Company at December 31, 2014.

Common Stock
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