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Exercise 11-8 Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts

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Exercise 11-8 Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2017. Retained earnings $40,800 Preferred stock 8,400 Common stock-$1 2/3 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 8,640 shares Treasury stock-67,346,829 common shares (2,380) Paid-in capital in excess of par value-common stock 52,800 Accumulated Other Comprehensive Income 8,240 Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2017. (Enter account name only and do not provide descriptive information.) WELLS FARGO & COMPANY Partial Balance Sheet (in millions) $

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