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The financial statements of Ridgeline, Inc., reported the following: (Click the icon to view the accounts listing.) Prepare the stockholders' equity section of Ridgeline, Inc.

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The financial statements of Ridgeline, Inc., reported the following: (Click the icon to view the accounts listing.) Prepare the stockholders' equity section of Ridgeline, Inc. 's balance sheet. Net income has already been closed to Retained earnings. Stockholders' equity: Paid-in capital: 500000 shares authorized Common stock, $ 10 par, Paid-in capital in excess of par-common Total paid-in capital Retained earnings Total stockholders' equity Paid-in capital in excess of 173,000 Net sales.. $ 1,030,000 par-common Cost of goods sold 587,000 Accounts payable.. 50,000 Common stock, $10 par, 500,000 Retained earnings 160,000 shares issued and outstanding 5,000,000 Other current liabilities 58,000 260,000 Operating expenses Cash 418,000 Long-term debt. 77,000 Total assets. ? A

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