Exercise 11-10

The following accounts appear in the ledger of Tamarisk, Inc. after the books are closed at December 31, 2017.

Common Stock (no-par, $3 stated value, 422,000 shares authorized, 242,500 shares issued)		$ 727,500
Paid-in Capital in Excess of Stated ValueCommon Stock		1,192,000
Preferred Stock ($50 par value, 8%, 48,600 shares authorized, 15,200 shares issued)		760,000
Retained Earnings		908,000
Treasury Stock (9,350 common shares)		52,250
Paid-in Capital in Excess of Par ValuePreferred Stock		30,850
Accumulated Other Comprehensive Loss		32,600

Prepare the stockholders equity section at December 31, assuming $100,000 of retained earnings is restricted for plant expansion. (Enter account name only and do not provide descriptive information.)

TAMARISK, INC. Partial Balance Sheet