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Scranton Company has the following stockholder equity items at December 31, 2018: Common Stock 1,000,000 shares authorized, 400,000 shares issued, $2 par Preferred Stock, 200,000

  1. Scranton Company has the following stockholder equity items at December 31, 2018:

Common Stock 1,000,000 shares authorized, 400,000 shares issued, $2 par

Preferred Stock, 200,000 shares authorized, 100,000 shares issued, $10 par

Common Stock Dividend Distributable, $250,000

Cash Dividend Distributable, $300,000

Additional Paid in Capital-common stock, $2,000,000

Additional Paid in Capital-preferred stock, $1,000,000

Retained Earnings, $5,000,000

Treasury Stock, 40,000 shares, at cost, $300,000

Please help me by preparing in good format the stockholder equity section of the balance sheet.

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