Reporting paid-in capital The following accounts and their balances were selected from the adjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31, the end of the current fiscal year: Line Item Description Amount Common Stock, no par, $14 stated value $4,480,000 Paid-In Capital from Sale of Treasury Stock 45,000 Paid-In Capital in Excess of ParPreferred Stock 210,000 Paid-In Capital in Excess of Stated ValueCommon Stock 480,000 Preferred 2% Stock, $120 par 8,400,000 Retained Earnings 39,500,000