Exercise 11-8 Your answer is partially correct. Try again 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 $40,000 Preferred stock 8,000 Common stock-$17 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 8,200 shares Treasury stock-67,346,829 common shares (2,300) f par value-common stock Paid-in capital 52,000 excess Accumulated Other Comprehensive Income 8,200 Prepare the stockholders' equity section f 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 December 31, 2017 (in millions) Stockholders' Equity Paid-in Capital Capital Stock 8000 Preferred Stock 8200 Common Stock X 16200 Total Capital Stock $ Additional Paid-in Capital 52000 Paid-in Capital in Excess of Par Value-Common St Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings 16200 Total Capital Stock Additional Paid-in Capital 52000 Paid-in Capital in Excess of Par Value-Common St Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Accumulated Other Comprehensive Income Less Treasury Stock Total Stockholders' Equity