Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,900,000 shares issued? Paid in Capital, $16.10 million? Retained Earnings, $9.10 million? and Treasury Stock, 41,000 shares, $0.902 million.
Prepare the stockholders equity section of the balance sheet. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in dollars, not in millions.)
SUMMIT APPAREL Balance Sheet (Stockholders' Equity Section)