CES Exercise 14-11 The following accounts appear in the ledger of Homer Inc. after the books are closed at December 31. Common Stock, no par, $2 stated value, 405,000 shares authorized; 291,000 shares issued $ 582,000 Common Stock Dividends Distributable 25,500 Paid-in Capital in Excess of Stated Value-Common Stock 130,000 Preferred Stock, $5 par value, 8%, 36,000 shares authorized; 29,000 shares issued 145,000 Retained Earnings 837,000 Treasury Stock (11,500 common shares) 85,100 Paid-in Capital in Excess of Par-Preferred Stock 350,000 y. Prepare the stockholders' equity section at December 31, assuming retained earnings is restricted for plant expansion in the amount of descriptive information.) HORNER INC. Balance Sheet (Partial). $ wiley & Sons, Inc, HORNER INC. Balance Sheet (Partial). Part Study. Click if you would like to Show Work for this question: Open Show Work