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Wildhorse Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were

Wildhorse Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders equity.

Preferred Stock, 159,600 shares $ 3,192,000
Common Stock, 1,970,000 shares 9,850,000
Paid-in Capital in Excess of ParPreferred Stock 193,000
Paid-in Capital in Excess of ParCommon Stock 27,534,000
Retained Earnings 4,424,000

The following transactions affected stockholders equity during 2021.

Jan. 1 29,100 shares of preferred stock issued at $22 per share.
Feb. 1 47,100 shares of common stock issued at $20 per share.
June 1 2-for-1 stock split (par value reduced to $2.50).
July 1 32,500 shares of common treasury stock purchased at $11 per share. Wildhorse uses the cost method.
Sept. 15 10,400 shares of treasury stock reissued at $12 per share.
Dec. 31 The preferred dividend is declared, and a common dividend of 46 per share is declared.
Dec. 31 Net income is $2,112,000.

Prepare the stockholders equity section for Wildhorse Company at December 31, 2021. (Enter account name only and do not provide descriptive information.)

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WILDHORSE COMPANY Stockholders' Equity December 31, 2021 Capital Stock Preferred Stock 3,774,000 Common Stock 10,085,500 Total Capital Stock 13,859,500 Additional Paid-in Capital Paid-in Capital in Excess of Par-Common Stock 28,390,500 Paid-in Capital in Excess of Par-Preferred Stock 251,200 Paid-in Capital from Treasury Stock 10,400 28,652,100 Total Paid-in Capital 42,511.600 Retained Earnings 3.204.380 45.715,980 Total Paid-in Capital and Retained Earnings Less : Treasury Stock 243,100 i Total Stockholders' Equity 45,472,880

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