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The following stockholders equity accounts, arranged alphabetically, are in the ledger of Flounder Corp. at December 31, 2017. Common Stock ($4 stated value) $1,520,000 Paid-in

The following stockholders equity accounts, arranged alphabetically, are in the ledger of Flounder Corp. at December 31, 2017. Common Stock ($4 stated value) $1,520,000

Paid-in Capital in Excess of Par ValuePreferred Stock 42,750

Paid-in Capital in Excess of Stated ValueCommon Stock 997,500

Preferred Stock (6%, $100 par, noncumulative) 570,000

Retained Earnings 1,267,300

Treasury Stock (11,400 common shares) 68,400

Prepare the stockholders equity section of the balance sheet at December 31, 2017. (Enter account name only and do not provide descriptive information.)

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