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Current Attempt in Progress Flounder Corp. has issued 103,000 shares of $6 par value common stock. It was authorized 499,000 shares. The paid-in capital in

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Current Attempt in Progress Flounder Corp. has issued 103,000 shares of $6 par value common stock. It was authorized 499,000 shares. The paid-in capital in excess of par value on the common stock is $258,000. The corporation has reacquired 6,700 shares at a cost of $48,500 and is currently holding those shares. It also had accumulated other comprehensive income of $61,000. The corporation also has 2,700 shares issued and outstanding of 8%, $104 par value preferred stock. It was authorized 9,800 shares. The paid-in capital in excess of par value on the preferred stock is $28,400. Retained earnings is $377,000. Prepare the stockholders' equity section of the balance sheet. (Enter account name only and do not provide descriptive information.) Balance Sheet (Partial) $ V $ V

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