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The following stockholders equity accounts, arranged alphabetically, are in the ledger of Marigold Corp. at December 31, 2017. Common Stock ($2 stated value) $1,840,000 Paid-in
The following stockholders equity accounts, arranged alphabetically, are in the ledger of Marigold Corp. at December 31, 2017. Common Stock ($2 stated value) $1,840,000 Paid-in Capital in Excess of Par ValuePreferred Stock 51,750 Paid-in Capital in Excess of Stated ValueCommon Stock 1,207,500 Preferred Stock (6%, $100 par, noncumulative) 690,000 Retained Earnings 1,534,100 Treasury Stock (13,800 common shares) 82,800 Prepare the stockholders equity section of the balance sheet at December 31, 2017.
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