Question 12 (5 points)

The following are selected accounts for the Wicomico Company after all Fiscal Year December 31, 2018, adjusting entries & closing entries have been posted. All balances are normal.

Account	Amount
Common Stock, $10 par	$260,000
Treasury Stock, at cost $16 per share	32,000
Dividends Payable	13,000
Paid in Capital in excess of par, Common Stock	52,000
Accounts Receivable	24,500
Retained Earnings	217,000
Bonds Payable	150,000
Preferred Stock, $100 par, 4% cumulative	100,000

Prepare only the Stockholder's Equity section of the Classified Balance Sheet for the year end. Be sure to use a good format, dollar signs and single underlines were required. There are a few extra lines in the formatted input answer form to allow for acceptable balance sheet format variations.

Partial Balance Sheet:

Wicomico Company
Balance Sheet (partial)
December 31, 2018