E14-11 The following accounts appear in the ledger of Horner Inc, after the books are Prepare a stockholder qit dased at December 31. Common Stock, no par, $1 stated value, 400,000 shares authorized; section LO 3), AP 300,000 shares issued Common Stock Dividends Distributable Paid-in Capital in Excess of Stated Valu Preferred Stock, $5 par value, 896, 40,000 shares authorized; $ 300,000 30,000 1,200,000 ommon Stoc 30,000 shares issued Retained Earnings Treasury Stock (10,000 common shares) Paid-in Capital in Excess of Par-Preferred Stock 150,000 800,000 74,000 344,000 Instructions Prepare the stockholders' equity section at December 31, assuming retained carnings is restricted Total stockholdens equity $2.750,000 for plant expansion in the amount of $100,000. u Diorman Corporation for the year ended Prepare an income statement d compute earnings per