Q2 The following is a summary of all relevant transactions of Bramble Corporation since it was organized in 2025.

In 2025, 14,200 shares were authorized and 7,400 shares of common stock ($60 par value) were issued at a price of $66. In 2026, 1,000 shares were issued as a stock dividend when the stock was selling for $70. 270 shares of common stock were bought in 2027 at a cost of $74 per share. These 270 shares are still in the company treasury.

In 2026, 10,300 preferred shares were authorized and the company issued 4,700 of them ($100 par value) at $119. Some of the preferred stock was reacquired by the company and later reissued for $4,410 more than it cost the company.

The corporation has earned a total of $569,900 in net income after income taxes and paid out a total of $300,100 in cash dividends since incorporation.

Prepare the stockholders equity section of the balance sheet in proper form for Bramble Corporation as of December 31, 2027. Account for treasury stock using the cost method. (Enter account name only. Do not provide descriptive information.)

Q2 The following is a summary of all relevant transactions of Bramble Corporation since it was organized in 2025.

In 2025, 14,200 shares were authorized and 7,400 shares of common stock ($60 par value) were issued at a price of $66. In 2026, 1,000 shares were issued as a stock dividend when the stock was selling for $70. 270 shares of common stock were bought in 2027 at a cost of $74 per share. These 270 shares are still in the company treasury.

In 2026, 10,300 preferred shares were authorized and the company issued 4,700 of them ($100 par value) at $119. Some of the preferred stock was reacquired by the company and later reissued for $4,410 more than it cost the company.

The corporation has earned a total of $569,900 in net income after income taxes and paid out a total of $300,100 in cash dividends since incorporation.

Prepare the stockholders equity section of the balance sheet in proper form for Bramble Corporation as of December 31, 2027. Account for treasury stock using the cost method. (Enter account name only. Do not provide descriptive information.)