Reference no: EM133162034
Question - The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Ryder Corporation at December 31, 2017.
Common Stock ($2 stated value) $1,600,000
Paid-in Capital in Excess of Par Value-Preferred Stock 45,000
Paid-in Capital in Excess of Stated Value-Common Stock 1,050,000
Preferred Stock (8%, $100 par, noncumulative) 600,000
Retained Earnings 1,334,000
Treasury Stock (12,000 common shares) 72,000
Required - Prepare the stockholders' equity section of the balance sheet at December 31, 2017.