Culver Company has the following stockholders equity accounts at December 31, 2017.

Common Stock ($100 par value, authorized 8,400 shares)		$500,000
Retained Earnings		281,200

(1)		270 shares of outstanding stock were purchased at $97 per share. (These are to be accounted for using the cost method.)
(2)		A $20 per share cash dividend was declared.
(3)		The dividend declared in (2) above was paid.
(4)		The treasury shares purchased in (1) above were resold at $103 per share.
(5)		480 shares of outstanding stock were purchased at $106 per share.
(6)		320 of the shares purchased in (5) above were resold at $96 per share.

Prepare the stockholders equity section of Culver Companys balance sheet after giving effect to these transactions, assuming that the net income for 2018 was $101,500. State law requires restriction of retained earnings for the amount of treasury stock. (Enter account name only and do not provide descriptive information.)