8 9 10 1 1 2 3 4 P13-5A Prepare stockholders' equity section The following stockholders' equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2017. Common Stock ($5 stated value) Paid-in Capital from Treasury Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $50 par) Retained Earnings Treasury Stock (10,000 common shares) $2,000,000 10,000 679,000 1,600,000 800,000 1,748,000 130,000 Instructions Prepare the stockholders' equity section at December 31, 2017. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?". Value Value GALINDO CORPORATION Stockholders' equity Paid-in capital Capital stock 8% Preferred stock, $50 par noncumulative, 16,000 shares issued and outstanding Common stock, no par, $5 stated value, 400,000 shares issued and 390,000 outstanding Total capital stock Additional paid-in capital In excess of par-preferred stock In excess of stated value-common stock From treasury stock Total additional paid-in capital Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (10,000 shares) Total stockholders' equity Value Value Value ? Value Value