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he following accounts and their balances were selected from the unadjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31, the

he following accounts and their balances were selected from the unadjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31, the end of the current fiscal year:

1

Common Stock, no par, $12 stated value

$4,116,000.00

2

Paid-In Capital from Sale of Treasury Stock

48,600.00

3

Paid-In Capital in Excess of Par-Preferred Stock

211,000.00

4

Paid-In Capital in Excess of Stated Value-Common Stock

464,000.00

5

Preferred 2% Stock, $105 par

7,140,000.00

6

Retained Earnings

40,320,000.00

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Score: 22/80 Point Loma Group Inc. Stockholders' Equity (Paid-In Capital Section) October 31, 20XX Paid-in capital: 1 Preferred 2% stock, $105 par; 85,000 shares authorized, 68,000 shares issued $7,140,000.00 2 Paid-in capital, preferred stock 4 Paid-in capital, common stock 5 6 7 8 9

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