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On December 31, Westworld Inc. has the following equity accounts and balances: Retained Earnings, $53,000; Common Stock, $2,600; Treasury Stock, $3,600; Paid-In Capital in Excess
On December 31, Westworld Inc. has the following equity accounts and balances: Retained Earnings, $53,000; Common Stock, $2,600; Treasury Stock, $3,600; Paid-In Capital in Excess of Par Value, Common Stock, $40,600; Preferred Stock, $8,600; and Paid-In Capital in Excess of Par Value, Preferred Stock, $4,600.
Prepare the stockholders' equity section of Westworld's balance sheet. (Negative amount(s) should be indicated by a minus sign.)
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