The following accounts appear in the ledger of Aston Corporation after the books are closed at December 31, 2008.

Common Stock, $1 par value, 500,000 shares authorized, 400,000 shares

issued $400,000

Paid-in Capital in Excess of Par ValueCommon Stock .....650,000

Preferred Stock, $100 par value, 8%, 10,000 shares authorized; 2,000 shares

issued ..200,000

Retained Earnings ..950,000

Treasury Stock (10,000 common shares) 85,000

Paid-in Capital in Excess of Par ValuePreferred Stock .310,000

Required: Prepare the stockholders' equity section at December 31, 2008.