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The following stockholders equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2017. Common Stock ($6 stated value) $2,394,000 Paid-in

The following stockholders equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2017.

Common Stock ($6 stated value) $2,394,000
Paid-in Capital from Treasury Stock 12,000
Paid-in Capital in Excess of ParPreferred Stock 665,000
Paid-in Capital in Excess of Stated ValueCommon Stock 1,600,000
Preferred Stock (8%, $50 par) 775,000
Retained Earnings 1,746,000
Treasury Stock (10,000 common shares) 130,000

Prepare a stockholders equity section at December 31, 2017. (Enter the account name only and do not provide the descriptive information provided in the question.)

GALINDO CORPORATION Balance Sheet (Partial)

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