he following accounts and their balances were selected from the adjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31 , the end of the current fiscal year: Prepare the Paid-In Capltal portion of the "Stockholders' Equity" section of the balance sheet using Method 1 of Exhibit 9. There are 220,000 shares of common stock authorized and 18,000 shares of preferied stock authorized. Prepare the Paid-In Capital portion of the "Stockholders' Equity" section of the balance authorized and 18,000 shares of preferred stock authorized