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:

1	Common Stock, no par, $15 stated value	$5,085,000.00
2	Paid-In Capital from Sale of Treasury Stock	42,100.00
3	Paid-In Capital in Excess of Par-Preferred Stock	194,000.00
4	Paid-In Capital in Excess of Stated Value-Common Stock	468,500.00
5	Preferred 2% Stock, $110 par	7,150,000.00
6	Retained Earnings	39,000,000.00

Prepare the Paid-In Capital portion of the Stockholders Equity section of the balance sheet using Method 1 of

Exhibit 9

. 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.

Prepare the Paid-In Capital portion of the Stockholders Equity section of the balance sheet using Method 1 of exhibit 9

. 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.

Exhibit 9 Stockholders' Equity Section of a Balance Sheet Telex Inc. Balance Sheet December 31, 2047 $100,000 10,000 $ 110,000 Stockholders' Equity Paid-in capital: Preferred 10% stock, $50 par (2,000 shares authorized and issued)........... Excess of issue price over par ........ Paid-in capital, preferred stock. ........ Common stock, $20 par (50,000 shares authorized, 45,000 shares issued) ... Excess of issue price over par. Paid-in capital, common stock. From sale of treasury stock. ....... Total paid-in capital..... Retained earnings.......... Total ............. Treasury stock (600 shares at cost). Total stockholders' equity ........ $900,000 190,000 Method 1 1,090,000 2,000 $1,202,000 350,000 $1,552,000 (27,000) $1,525,000 $ 100,000 Stockholders' Equity Contributed capital: Preferred 10% stock, $50 par (2,000 shares authorized and issued).... Common stock, $20 par (50,000 shares authorized, shares issued) ................................. Additional paid-in capital ..... Total contributed capital... Retained earnings.......... Total ............. Treasury stock (600 shares at cost)... Total stockholders' equity......... 900,000 202,000 Method 2 $1,202,000 350,000 $1,552,000 (27,000) $1,525,000