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The stockholders equity section of the Willard Corporations balance sheet shows: Paid-in Capital Common Stock, P 100 par (10,000 shares authorized 8,000 shares issued) P

The stockholders equity section of the Willard Corporations balance sheet

shows:

Paid-in Capital

Common Stock, P 100 par (10,000 shares

authorized 8,000 shares issued) P 800,000

Premium on Common Stock 40,000 P 840,000 RetainedEarnings 200,00

Total Stockholders Equity P1,040,000

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