The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Marvel Corporation at December 31, 2014.
Common Stock ($5 stated value)
|
$2,800,000
|
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)
|
1,000,000 |
Retained Earnings
|
1,684,000
|
Treasury Stock (10,000 shares)
|
98,000 |
Prepare the stockholders' equity section of the balance sheet at December 31, 2014.