The following are several accounts of the Graf Corporation at the end of 2007: Account Credit Balance

Question:

The following are several accounts of the Graf at the end of 2007:
Account Credit Balance
, $10 par ............ $ 47,100
Bonds payable (due 2014) ........... 126,000
Premium on preferred stock ......... 39,600
Retained earnings ............. 209,000
Premium on bonds payable .......... 12,300
Unearned rent ................ 4,800
Preferred stock, $100 par .......... 65,400
Premium on common stock ......... 53,900
Unfunded accrued pension cost ....... 18,400
Treasury stock (cost) ........... (7,600) debit
Accumulated other comprehensive income... 8,200

Required
Prepare the stockholders’ equity section of Graf’s 2007 ending balance sheet.

Common Stock
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