Flounder Company reported the following amounts in the stockholders equity section of its December 31, 2016, balance sheet.

Preferred stock, 11%, $100 par (10,000 shares authorized, 2,100 shares issued)		$210,000
Common stock, $5 par (91,000 shares authorized, 18,200 shares issued)		91,000
Additional paid-in capital		130,000
Retained earnings		448,000
Total		$879,000

During 2017, Flounder took part in the following transactions concerning stockholders equity.

1.		Paid the annual 2016 $11 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2016.
2.		Purchased 1,800 shares of its own outstanding common stock for $43 per share. Flounder uses the cost method.
3.		Reissued 800 treasury shares for land valued at $35,100.
4.		Issued 540 shares of preferred stock at $107 per share.
5.		Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $46 per share.
6.		Issued the stock dividend.
7.		Declared the annual 2017 $11 per share dividend on preferred stock and the $2 per share dividend on common stock. These dividends are payable in 2018.

Prepare the December 31, 2017, stockholders equity section. Assume 2017 net income was $336,000. (Enter account name only. Do not provide any descriptive information.)

FLOUNDER COMPANY

STOCKHOLDERS' EQUITY

DECEMBER 31, 2017

Capital Stock
Preferred Stock	???
Common Stock	99600
Total Capital Stock	???
Additional Paid-In-Capital	205000
Total Paid-In-Capital	????
Retained Earnings	????
Total Paid-In-Capital and Retained Earngins	???
LEss: Treasury STock	43000
Total Stockholders' Equity	???