Exercise 8-17

The following accounts appear in the records of Metlock, Inc. at December 31, 2017.

Common Stock (no-par, $1 stated value, 406,000 shares authorized, 383,000 shares issued) $383,000

Paid-in Capital in Excess of Stated ValueCommon Stock 1,162,500

Preferred Stock ($50 par value, 9%, 48,600 shares authorized, 13,000 shares issued) 650,000

Retained Earnings 864,000

Treasury Stock (9,000 common shares) 59,650

Paid-in Capital in Excess of Par ValuePreferred Stock 23,200

Accumulated Other Comprehensive Loss 33,100

Prepare the stockholders' equity section at December 31. (Enter account name only and do not provide descriptive information.) METLOCK, INC. Partial Balance Sheet December 31, 2017 Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock Common Stock Total Capital Stock Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Preferred S Paid-in Capital in Excess of Stated Value-Commoi Total Additional Paid-in Capital