lue Spruce Corporation has been authorized to issue 21,000 shares of $100 par value, 10%, preferred stock and 1,005,000 shares of no-par common stock. The corporation assigned a $2.50 stated value to the common stock. At December 31, 2020, the ledger contained the following balances pertaining to stockholders equity.

Preferred Stock		$100,000
Paid-in Capital in Excess of ParPreferred Stock		41,000
Common Stock		1,005,000
Paid-in Capital in Excess of Stated ValueCommon Stock		1,407,000
Treasury Stock (840 common shares)		10,920
Paid-in Capital from Treasury Stock		1,260
Retained Earnings		80,500
Accumulated Other Comprehensive Income		65,000

The preferred stock was issued for land having a fair value of $141,000. All common stock issued was for cash. In November, 1,260 shares of common stock were purchased for the treasury at a per share cost of $13. In December, 420 shares of treasury stock were sold for $16 per share. No dividends were declared in 2020.

() Prepare the stockholders' equity section at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.) BLUE SPRUCE CORPORATION Balance Sheet (Partial) December 31, 2020 Paid-in Capital $ $ Question 2 of 5