The following accounts appear in the ledger of sather inc

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Reference no: EM13572974

The following accounts appear in the ledger of Sather Inc. after the books are closed at December 31, 2012.

Common Stock (no-par, $3 stated value, 411,400 shares authorized, 382,600 shares issued)		$ 1,147,800
Paid-in Capital in Excess of Stated Value-Common Stock		1,143,300
Preferred Stock ($54 par value, 8%, 41,210 shares authorized, 16,360 shares issued)		883,440
Retained Earnings		932,700
Treasury Stock (8,670 common shares)		60,690
Paid-in Capital in Excess of Par Value-Preferred Stock		32,910

prepare the stockholders' equity section at December 31, assuming $100,000 of retained earnings is restricted for plant expansion.

Reference no: EM13572974

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