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Given below is information for the Stockholder Equity section of Jones Balance Sheet as of December, 2014 8% Preferred stock, $100 parvalue, 10,000 sharesauthorized, 5,000

Given below is information for the Stockholder Equity section of Jones Balance Sheet as of December, 2014 8% Preferred stock, $100 parvalue, 10,000 sharesauthorized, 5,000 sharesissued and outstanding. Common stock, no par, $2stated value, 500,000 sharesauthorized, 204,000 shares issued and outstanding Additional paid-in capital: Preferred stock in excess of par value is $34,000 Common stock in excess of stated value is $437,000 Requirements: Prepare a Stockholders' section of Jones classified balance sheet as of December 31, 2014.

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