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On December 31, Westworld Inc. has the following equity accounts and balances: Retained Earnings, $53,500; Common Stock, $2,700; Treasury Stock, $3,700; Paid-In Capital in Excess
On December 31, Westworld Inc. has the following equity accounts and balances: Retained Earnings, $53,500; Common Stock, $2,700; Treasury Stock, $3,700; Paid-In Capital in Excess of Par Value, Common Stock, $40,700; Preferred Stock, $8,700; and Paid-In Capital in Excess of Par Value, Preferred Stock, $4,700. Prepare the stockholders equity section of Westworlds balance sheet. (Negative amount(s) should be indicated by a minus sign.)
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