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A partial listing of accounts and ending balances for Carver, Inc., on December 31, 2020, is shown below: Investments in long-term notes receivable $40,000 Bonds

A partial listing of accounts and ending balances for Carver, Inc., on December 31, 2020, is shown below:

Investments in long-term notes receivable $40,000
Bonds payable 300,000
Temporary investment in equity securities available for sale 120,000
Premium on bonds payable 26,000
Common stock 180,000
Subscriptions receivable: common stock 120,000
Additional paid-in capital from preferred stock conversion 24,000
Retained earnings 650,000
Preferred stock 300,000
Long-term investment in equity securities available for sale 150,000
Additional paid-in capital on common stock 910,000
Common stock subscribed 20,000
Goodwill 46,000
Donated capital 35,000
Preferred stock subscribed 50,000
Additional paid-in capital on preferred stock 45,000

Following is additional information relative to the above accounts:

The preferred stock is 8% cumulative with par value of $50. For the preferred stock, 10,000 shares have been authorized, 6,000 shares are issued and outstanding, and 1,000 shares have been subscribed at a price of $65 per share. Each share of preferred stock is convertible into four shares of common.

Bonds payable mature on September 30, 2024. They have a stated interest rate of 10%, payable semiannually. The straight-line method is used to amortize the premium.

Common stock has a par value of $4 per share. For the common stock, 60,000 shares have been authorized, 45,000 shares are issued and outstanding, and 5,000 shares have been subscribed at $32 per share.

Required: Prepare the contributed capital section of the December 31, 2020 balance sheet for Carver, Inc.

CARVER, INC. Contributed Capital December 31, 2020
SHAREHOLDERS' EQUITY
Contributed Capital:

CashGoodwillPreferred stockPremium on bonds payablePreferred stock

$

Accounts payableCommon stockGain on sale of investmentRetained earningsCommon stock

Common stock

Accumulated other comprehensive incomeDonated capitalPreferred stock subscribedPrepaid insurancePreferred stock subscribed

Preferred stock subscribed

Accounts receivableCommon stock subscribedSubscriptions receivable: common stockTemporary investment in equity securities available for saleCommon stock subscribed

Common stock subscribed

Additional paid-in capital on preferred stockLong-term investment in equity securities available for saleTreasury stockUnearned feesAdditional paid-in capital on preferred stock

Additional paid-in capital on preferred stock

Additional paid-in capital on common stockBonds payableDiscount on bonds payableLoss on sale of investmentAdditional paid-in capital on common stock

Additional paid-in capital on common stock

Additional paid-in capital from preferred stock conversionAdditional paid-in capital on treasury stockGain from preferred stock conversionInvestments in long-term notes receivableAdditional paid-in capital from preferred stock conversion

Additional paid-in capital from preferred stock conversion
Total Contributed Capital $fill in the blank 15

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