After closing its books on December 31, 20--, Merrill Corporations stockholders equity accounts have the following balances:

Account	Balance	Additional Information
Preferred Stock Subscriptions Receivable	$ 12,000
Common Stock Subscriptions Receivable	30,000
Preferred Stock Subscribed	40,000	$4 dividend, $5 par, 8,000 shares
Common Stock Subscribed	80,000	$10 par, 8,000 shares
Preferred Stock	120,000	$4 dividend, $5 par, 24,000 shares
Common Stock	280,000	$10 par, 28,000 shares
Paid-In Capital in Excess of ParPreferred Stock	12,000
Paid-In Capital from Sale of Treasury Stock	1,150
Common Treasury Stock	24,000
Retained Earnings	88,000

Required:

Prepare the stockholders equity section of the balance sheet for Merrill Corporation for the year ended December 31, 20--.