Instructions Amount Descriptions Stockholders' Equity Instructions 1 Common Stock, no par. $11 stated value $3,696,000.00 Paid-In Capital from Sale of Treasury Stock 48,700.00 Paid-In Capital in Excess of Par-Preferred Stock 219,000.00 Paid-In Capital in Excess of Stated Value-Common Stock 476,000.00 Preferred 2% Stock $120 par 8,160,000,00 Retained Earnings 38.995,000.00 13 Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 9. There are 375,000 shares of common stock authorized and 85,000 shares of preferred stock authorized. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.