PA11-1 Part 3 3. Prepare the stockholders' equity section of the balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign.) GLOBAL MARINE Balance Sheet (Partial) At December 31 Stockholders' Equity Contributed Capital Common Stock 500 000 Additional Pald-In Capital, Common Stock 500.000 Total Contributed Capital Retained Earnings 500.000 Total Less Treasury Stock at cost Total Stockholders' Equity IS 500,000