< Reporting Paid-In Capital The following accounts and their balances were selected from the adjusted trial balance of Block Ayala Group Inc., a freight forwarder, at October 31, the end of the current fiscal year: Common Stock, no par, $14 stated value $420,000 Paid-In Capital from Sale of Treasury Stock 292,300 Paid-In Capital in Excess of Par-Preferred Stock 108,000 Paid-In Capital in Excess of Stated Value-Common Stock 1,008,000 Retained Earnings 900,000 3,601,000 Preferred 2% Stock, $120 par Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. There are 100,000 shares of common stock authorized and 20,000 shares of preferred stock authorized. Block Ayala Group Inc., Stockholders' Equity October 31 Paid-In Capital: