Develop Stockholders' Equity

Nash Company has the following accounts among the items on the balance sheet at January 1, 2014: Common Stock, $10 par, 11,500 shares authorized, 9,075 issued, 7,875 outstanding Preferred Stock, $100 par, 8%, cumulative, 1,050 shares authorized, issued, and outstanding

Retained Earnings	$117,000
Additional Paid-In Capital	196,000
Treasury Stock, 1,200 shares, common stock	25,200

During 2014, the company issued 600 shares of common stock at $12 per share and reissued 350 shares of treasury stock at $21 per share. The company reported a net income of $56,700 for 2014.

Required:

Develop the Stockholders' Equity section for Nash Company at December 31, 2014.

Nash Company

Partial Balance Sheet

December 31, 2014

Stockholders' equity
Common stock, $100 par, 11,500 authorized, 9,675 issued	$__________
Preferred stock, $100 par, 8%, cumulative 1,050 issued and outstanding	__________
Additional paid-in capital	__________
Total contributed capital	$__________
Retained earnings	__________
Less: Treasury stock	__________
Total stockholder's equity	$__________