Exercise 240 The following are selected accounts and balances from the records of Doran Corporation on June 30, 2017 Common Stock, $10 par value, 75,000 shares authorized, 54,000 shares issued Paid-in Capital in Excess of Par Value-Common Stock Preferred Stock, $100 par value, 8%, 3,000 shares authorized and issued Retained Earnings Treasury Stock (10,000 common shares) Paid-in Capital in Excess of Par Value- Preferred Stock $540,000 150,000 300,000 280,000 150,000 30,000 Prepare in proper form the stockholders' equity section of the balance sheet. DORAN CORPORATION Balance Sheet (Partial) June 30, 2017 Stockholders' Equity Paid-in Capital Capital Stock