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Exercise 11-9 The following stockholders equity accounts, arranged alphabetically, are in the ledger of Bramble Corp. at December 31, 2017. Common Stock ($4 stated value)

Exercise 11-9

The following stockholders equity accounts, arranged alphabetically, are in the ledger of Bramble Corp. at December 31, 2017.

Common Stock ($4 stated value) $1,280,000
Paid-in Capital in Excess of Par ValuePreferred Stock 36,000
Paid-in Capital in Excess of Stated ValueCommon Stock 840,000
Preferred Stock (8%, $100 par, noncumulative) 480,000
Retained Earnings 1,067,200
Treasury Stock (9,600 common shares) 57,600

Prepare the stockholders equity section of the balance sheet at December 31, 2017.

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