Exercise 14-11 The following accounts appear in the ledger of Horner Inc. after the books are closed at December 31. s 596,000 Common Stock, no par, $2 stated value, 401,000 shares authorized; 298,000 shares issued 33,500 Common Stock Dividends Distributable Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock, $6 par value, 8 % , 41,500 shares authorized; 25,000 shares issued 110,000 150,000 762,000 Retained Earnings 99,400 Treasury Stock (14,000 common shares) 350,000 Paid-in Capital in Excess of Par-Preferred Stock Prepare the stockholders' equity section at December 31, assuming retained earnings is restricted for plant expansion in the amount of $120,000. (Enter account name only and do not provide descriptive information.) HORNER INC Balance Sheet (Partial). Prepare the stockholders' equity section at December 31, assuming retained earnings is restricted for plant expansion in the amount of $120,000. (Enter account name only and do not provide descriptive information.) HORNER INC Balance Sheet (Partial). 4 BACK FULL SCREEN PRINTER VERSION NE Qoen Show Work Click if you would like to Show Work for this