The following accounts and their balances were selected from the unadjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31, the end of the current fiscal year:

1	Common Stock, no par, $12 stated value	$4,116,000.00
2	Paid-In Capital from Sale of Treasury Stock	48,600.00
3	Paid-In Capital in Excess of Par-Preferred Stock	211,000.00
4	Paid-In Capital in Excess of Stated Value-Common Stock	464,000.00
5	Preferred 2% Stock, $105 par	7,140,000.00
6	Retained Earnings	40,320,000.00

Prepare the Paid-In Capital portion of the stockholders equity section of the balance sheet using Method 1 of

Exhibit 8

. There are 375,000 shares of common stock authorized and 85,000 shares of preferred stock authorized. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.