eporting paid-in capital Instructions Amount Descriptions Stockholders Equity The following accounts and their balances were selected from the adjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31, the end of the current fiscal year: 1Common Stock, no par, $10 stated value 2 Paid-In Capital from Sale of Treasury Stock s Paid-In Capital in Excess of Par-Preferred Stock 4Paid-In Capital in Excess of Stated Value-Common Stock s : Preferred 2% Stock, $105 par 6 Retained Earnings $3,440,00000 8,800.00 189,000.00 498,000.00 7,350,000.00 9,250,000.00 Prepare the Paid-In Capital portion of the Stockholders Equity section of the balance sheet using Method 1 of Exhibit 8. There are 375,000 shares of common stock authorized and 85,000 shares of referred stock authorized. Refer to the Amount Descriptions list provided for the exact wording of the nswer choices for text entries