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

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

Retained earnings $41,250

Preferred stock 9,100

Common stock$12/3par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares 9,410

Treasury stock67,346,829 common shares (2,520)

Paid-in capital in excess of par valuecommon stock 52,250

Accumulated Other Comprehensive Income 8,310

  • Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2017.

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