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	$860,000
Paid-In Capital in Excess of Par-Preferred Stock	103,200
Common Stock, no par, $5 stated value	300,000
Paid-In Capital in Excess of Stated Value-Common Stock	720,000
Paid-In Capital from Sale of Treasury Stock	238,000
Retained Earnings	2,932,000

Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 9. There are 190,000 shares of common stock authorized and 23,000 shares of preferred stock authorized.