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Account balances of Machado Co . at August 3 1 , 2 0 6 are as follows: table [ [ Dividends Payable,$ , 1

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Account balances of Machado Co. at August 31,206 are as follows:
\table[[Dividends Payable,$,12,500 Cash,$,],[Preference Shares, $150 par,,375,000 Ordinary Shares, $5 par,,640,000],[Paid-in Capital in Excess of Par-Ordinary Shares,,60,000 Retained Earnings,,325,000]]
Machado's total paid-in capital at August 31,206 is
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