This is the Stockholder Equity section of Maximum Organization Balance Sheet as of December 31, 2016

a)8% Preferred stock, $100 parvalue, 10,000 sharesauthorized, 5,000 sharesissued and outstanding.

b)Common stock, no par, $2stated value, 500,000 sharesauthorized, 204,000 shares issued and outstanding

c)Additional paid-in capital:

Preferred stock in excess of par value is $34,000

Common stock in excess of stated value is $437,000

A Stockholders section for Maximum Organization classified balance sheet as of December 31, 2016 is necessary.

Partial Classified Balance Sheet: