Question $10$ of $11$

The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Blue Spruce Corporation at December $31,$

Common Stock $($ $$4$ stated value$)$

Paid$-$in Capital in Excess of Par$-$Preferred Stock

Paid$-$in Capital in Excess of Stated Value$-$Common Stock

Preferred Stock par$)$

$$1,344,000$

Retained Earnings

$277,000$

$870,000$

$545,700$

$1,180,000$

Treasury Stock $(12,000$ common shares$)$

$144,000$

Prepare the stockholders' equity section of the balance sheet at December $31,2022.($Enter the account name only and do not

provide the descriptive information provided in the question.$)$

BLUE SPRUCE CORPORATION

Partial Balance Sheet