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Do It! Review 11-4a Bramble Corp. has issued 105,000 shares of $7 par value common stock. It was authorized 504,000 shares. The paid-in capital in

Do It! Review 11-4a

Bramble Corp. has issued 105,000 shares of $7 par value common stock. It was authorized 504,000 shares. The paid-in capital in excess of par value on the common stock is $274,000. The corporation has reacquired 7,000 shares at a cost of $51,000 and is currently holding those shares. It also had accumulated other comprehensive income of $66,000. The corporation also has 1,600 shares issued and outstanding of 10%, $100 par value preferred stock. It authorized 10,100 shares. The paid-in capital in excess of par value on the preferred stock is $29,500. Retained earnings is $386,000. Prepare the stockholders equity section of the balance sheet. (Enter account name only and do not provide descriptive information.)

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