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Prepare the stockholder's equity section at December 31 The following stockholders' equity accounts arranged alphabetically are in the ledger of Alpers Corporation at December 31,

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The following stockholders' equity accounts arranged alphabetically are in the ledger of Alpers Corporation at December 31, 2014. Common Stock (exist10 stated value) exist1, 200,000 Paid-in Capital from Treasury Stock 6,000 Paid-in Capital in Excess of Par-Preferred Stock 288, 400 Paid-in Capital in Excess of Stated Value Common Stock 690,000 Preferred Stock (8%, exist100 par, noncumulative) 300,000 Retained Earnings 826,000 Treasury Stock (8,000 common shares) 88,000

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