Exercise 240 Your answer is partially correct. Try again 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 Eamings Treasury Stock (10,000 common shares) $540,000 150,000 300,000 by Study 150,000 0,000 Paid-in Capital in Excess of Par Value-Preferred Stock Prepare in proper form the stockholders' equity section of the balance sheet DORAN CORPORATION Balance Sheet (Partial) June 30, 2017 Common Stock In Excess of Par Value-Common s Paid-in Capital 3 6