Reference no: EM132585309

The following are selected accounts for the Wicomico Company after all Fiscal Year December 31, 2018, adjusting entries & closing entries have been posted. All balances are normal.

Account                                                      Amount

Common Stock, $10 par                          $260,000

Treasury Stock, at cost $16 per share           32,000

Dividends Payable                                       13,000

Paid in Capital in excess of par, Common Stock   52,000

Accounts Receivable                                  24,500

Retained Earnings                                       217,000

Bonds Payable                                           150,000

Preferred Stock, $100 par, 4% cumulative              100,000

Question 1: Create only the Stockholder's Equity section of the Classified Balance Sheet for the year end. Be sure to use a good format, dollar signs and single underlines were required. There are a few extra lines in the formatted input answer form to allow for acceptable balance sheet format variations.