The following are selected accounts and balances from the records of Doran Corporation on June 30, 2017.

Common Stock, $10 par value, 75,000 shares authorized, 54,000 shares issued $540,000

Paid-in Capital in Excess of Par ValueCommon Stock 150,000

Preferred Stock, $100 par value, 8%, 3,000 shares authorized and issued 300,000

Retained Earnings 280,000

Treasury Stock (10,000 common shares) 150,000

Paid-in Capital in Excess of Par ValuePreferred Stock 30,000

Prepare in proper form the stockholders equity section of the balance sheet.