Reporting Paigon 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: Preferred 2% Stock, $100 par $950.000 Pald-In Capital In Excess of Par-Preferred Stock 114,000 Common Stock, no par, s5 stated value 400,000 Paid-In Capital in Excess of Stated Value-Common Stock 960.000 Paid-In Capital from Sale or Treasury Stock 290,900 Retained Earnings 3,584.000 Prepare the Pald-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 9. There are 250,000 shares of common stock authorized and 25,000 shares of preferred stock authorized. Point Loma Group Inc. Stockholders' Equity (Paid-In Capital Section) October 31, 20XX Paid-in Capital: QO II Total Paid-In Capital