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The following stockholders' equity accounts, arranged alphabetically, are in the records of Marvel Corporation at December 31, 2020. Common shares ($5 book value) $2,800,000 Contributed

The following stockholders' equity accounts, arranged alphabetically, are in the records of Marvel Corporation at December 31, 2020.

Common shares ($5 book value)

$2,800,000

Contributed Capital in Excess of Par ValuePreferred shares

45,000

Contributed Capital in Excess of Book ValueCommon shares

1,050,000

Preferred shares, 8%, $100 par, non-cumulative)

1,000,000

Retained Earnings

1,684,000

Treasury Shares (10,000 shares)

98,000

Required

Prepare the shareholders equity section of the balance sheet at December 31, 2020.

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