Problem 13-5A

The following stockholders equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2017.

Common Stock ($5 stated value)		$2,030,000
Paid-in Capital from Treasury Stock		10,000
Paid-in Capital in Excess of ParPreferred Stock		675,000
Paid-in Capital in Excess of Stated ValueCommon Stock		1,590,000
Preferred Stock (8%, $50 par)		775,000
Retained Earnings		1,746,000
Treasury Stock (10,500 common shares)		136,500

Prepare a stockholders equity section at December 31, 2017.

Prepare a stockholders' equity section at December 31, 2017. (Enter the account name only a GALINDO CORPORATION Balance Sheet (Partial)