Prepare the balance sheet

The following accounts appear in the ledger of Horner Inc. after the books are closed at December 31, 2019. Common Stock, no par, $1 stated value, 400,000 shares authorized; 300,000 shares issued Common Stock Dividends Distributable Paid-in Capital in Excess of Stated Value-Common Stock Preferred stock, $5 par value, 896, 40,000 shares authorized; 30,000 shares issued Retained Earnings Treasury Stock (10,000 common shares) Paid-in Capital in Excess of Par-Preferred Stock Accumulated Other Comprehensive Loss $ 300,000 30,000 1,200,000 150,000 800,000 74,000 344,000 31,000