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Wells Fargo & Company , headquartered in San Francisco, is one of the nations largest financial institutions. Suppose it reported the following selected accounts (in

Wells Fargo & Company, headquartered in San Francisco, is one of the nations largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2017.

Retained earnings $40,000
Preferred stock 8,000
Common stock$1 2/3 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares 8,200
Treasury stock67,346,829 common shares (2,300 )
Paid-in capital in excess of par valuecommon stock 52,000
Accumulated Other Comprehensive Income 8,200

Prepare the stockholders equity section of the balance sheet for Wells Fargo as of December 31, 2017.image text in transcribed

Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2017. (Enter account name only and do not provide descriptive information.) WELLS FARGO & COMPANY Partial Balance Sheet (in millions) Click if you would like to Show Work for this question: Open Show Work

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