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, $22 stated value	$5,500,000
Paid-In Capital from Sale of Treasury Stock	35,000
Paid-In Capital in Excess of ParPreferred Stock	165,000
Paid-In Capital in Excess of Stated ValueCommon Stock	380,000
Preferred 2% Stock, $110 par	6,050,000
Retained Earnings	31,036,000

Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. There are 300,000 shares of common stock authorized and 100,000 shares of preferred stock authorized.

Block Ayala Group Inc., Stockholders' Equity October 31

Paid-In Capital: