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Blue Spruce Corporation has the following accounts at December 31: Common Stock, $8par,4,550shares issued, $36,400; Paid-in Capital in Excess of ParCommon Stock $31,100; Retained Earnings

Blue Spruce Corporation has the following accounts at December 31: Common Stock, $8par,4,550shares issued, $36,400; Paid-in Capital in Excess of ParCommon Stock $31,100; Retained Earnings $50,000; and Treasury Stock,600shares, $12,000.

Prepare the stockholders' equity section of the balance sheet

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