ngagement Exerc eBook Calculator lgo Instructions Stockholders Equity Instructions Stockholders' Equity Section 1. Prepare the stockholders' equity section of the balance sheet. Ater closing its books on December 31, Pro Parts' stockholders' equity accounts had the following balances: Common stock subscriptions receivable Common stock, $5 par, 10,200 shares Preferred stock, $10 par, 4%, 3,920 shares 39,200 Common stock subscribed, $5 par, 5,210 shares 26,050 Paid-in capital in excess of par-common stock 4,170 Retained earnings $5,130 51,000 36,930